Ruitai Materials Technology Dividends and Buybacks
Dividend criteria checks 3/6
Ruitai Materials Technology is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
The Returns On Capital At Ruitai Materials Technology (SZSE:002066) Don't Inspire Confidence
Dec 02
Ruitai Materials Technology's (SZSE:002066) Solid Earnings May Rest On Weak Foundations
Nov 06Earnings Not Telling The Story For Ruitai Materials Technology Co., Ltd. (SZSE:002066) After Shares Rise 37%
Oct 08Ruitai 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: Whilst dividend payments have been stable, 002066 has been paying a dividend for less than 10 years.
Growing Dividend: 002066's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Ruitai Materials Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002066) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (002066) (up to 3 years) | n/a |
Notable Dividend: 002066's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002066's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 002066's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.9%), 002066's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 04:13 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ruitai Materials Technology Co., Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jingru Ma | Bohai Securities Co., Ltd. |
| Lei Shi | Everbright Securities Co. Ltd. |
| Wei Zhou | Founder Securities Co., Ltd. |