Shanghai Pret Composites Dividend
Dividend criteria checks 1/6
Shanghai Pret Composites is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
12%
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¥0.40 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Shanghai Pret Composites (SZSE:002324) Has A Pretty Healthy Balance Sheet
Jun 09
Investors Will Want Shanghai Pret Composites' (SZSE:002324) Growth In ROCE To Persist
May 22Shanghai Pret Composites Co., Ltd. (SZSE:002324) Analysts Just Slashed This Year's Estimates
Apr 30Earnings Report: Shanghai Pret Composites Co., Ltd. Missed Revenue Estimates By 22%
Apr 28Shanghai Pret Composites' (SZSE:002324) Earnings Are Weaker Than They Seem
Apr 25Even With A 28% Surge, Cautious Investors Are Not Rewarding Shanghai Pret Composites Co., Ltd.'s (SZSE:002324) Performance Completely
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002324's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002324's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Shanghai Pret Composites Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2324) | 0.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast in 3 Years (2324) | 2.4% |
Notable Dividend: 002324's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002324's dividend (0.53%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.1%), 002324's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002324 is paying a dividend but the company has no free cash flows.