Ruitai Materials Technology Dividend
Dividend criteria checks 4/6
Ruitai Materials Technology is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
32%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Ruitai Materials Technology's (SZSE:002066) Profits Appear To Have Quality Issues
Mar 12One Ruitai Materials Technology Co., Ltd. (SZSE:002066) Analyst Just Made A Major Cut To Next Year's Estimates
Mar 11Why Investors Shouldn't Be Surprised By Ruitai Materials Technology Co., Ltd.'s (SZSE:002066) 26% Share Price Plunge
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002066's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002066's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ruitai Materials Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2066) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Basic Materials) | 2.7% |
Analyst forecast in 3 Years (2066) | n/a |
Notable Dividend: 002066's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002066's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 002066's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.7%), 002066's dividend payments are well covered by cash flows.