Shandong Sunpaper Dividend
Dividend criteria checks 5/6
Shandong Sunpaper is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
24%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.24 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Shandong Sunpaper (SZSE:002078)
Apr 29
Earnings Update: Here's Why Analysts Just Lifted Their Shandong Sunpaper Co., Ltd. (SZSE:002078) Price Target To CN¥15.57
Apr 14Shandong Sunpaper (SZSE:002078) Ticks All The Boxes When It Comes To Earnings Growth
Mar 30Is Shandong Sunpaper (SZSE:002078) Using Too Much Debt?
Mar 15Shandong Sunpaper Co., Ltd.'s (SZSE:002078) Share Price Is Matching Sentiment Around Its Earnings
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002078's dividends per share have been stable in the past 10 years.
Growing Dividend: 002078's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Sunpaper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2078) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Forestry) | 2.0% |
| Analyst forecast in 3 Years (2078) | 2.1% |
Notable Dividend: 002078's dividend (1.93%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002078's dividend (1.93%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 002078's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.5%), 002078's dividend payments are covered by cash flows.