DeHua TB New Decoration MaterialLtd Dividend
Dividend criteria checks 5/6
DeHua TB New Decoration MaterialLtd is a dividend paying company with a current yield of 5.61% that is well covered by earnings.
Key information
5.6%
Dividend yield
63%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.550 |
Earnings per share | CN¥0.85 |
Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
Recent updates
Many Would Be Envious Of DeHua TB New Decoration MaterialLtd's (SZSE:002043) Excellent Returns On Capital
Aug 01Improved Earnings Required Before DeHua TB New Decoration Material Co.,Ltd (SZSE:002043) Shares Find Their Feet
Jul 12Investors Shouldn't Be Too Comfortable With DeHua TB New Decoration MaterialLtd's (SZSE:002043) Earnings
May 05DeHua TB New Decoration MaterialLtd (SZSE:002043) Is Aiming To Keep Up Its Impressive Returns
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002043's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002043's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
DeHua TB New Decoration MaterialLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002043) | 5.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Forestry) | 2.4% |
Analyst forecast in 3 Years (002043) | 8.1% |
Notable Dividend: 002043's dividend (5.61%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002043's dividend (5.61%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63%), 002043's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.5%), 002043's dividend payments are covered by cash flows.