Zhejiang Hailide New MaterialLtd Dividends and Buybacks
Dividend criteria checks 5/6
Zhejiang Hailide New MaterialLtd is a dividend paying company with a current yield of 3.39% that is well covered by earnings.
Key information
3.4%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002206's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002206's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Hailide New MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002206) | 3.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002206) (up to 3 years) | 4.2% |
Notable Dividend: 002206's dividend (3.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002206's dividend (3.39%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), 002206's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.6%), 002206's dividend payments are well covered by cash flows.