Ruitai Materials Technology Dividends and Buybacks
Dividend criteria checks 3/6
Ruitai Materials Technology is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| 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
Ruitai Materials Technology's (SZSE:002066) Solid Earnings May Rest On Weak Foundations
Nov 06
Earnings 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: Too early to tell whether 002066's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 002066's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Ruitai Materials Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002066) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Basic Materials) | 3.3% |
| Analyst forecast (002066) (up to 3 years) | n/a |
Notable Dividend: 002066's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002066's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
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.