Anhui Shenjian New Materials Co.,Ltd

SZSE:002361 Stock Report

Market Cap: CN¥3.8b

Anhui Shenjian New MaterialsLtd Dividends and Buybacks

Dividend criteria checks 4/6

Anhui Shenjian New MaterialsLtd is a dividend paying company with a current yield of 2.49%.

Key information

2.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth20.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.100
Payout ratio337%

Recent dividend and buyback updates

Recent updates

Anhui Shenjian New MaterialsLtd's (SZSE:002361) Earnings Might Not Be As Promising As They Seem

Nov 04
Anhui Shenjian New MaterialsLtd's (SZSE:002361) Earnings Might Not Be As Promising As They Seem

Anhui Shenjian New MaterialsLtd (SZSE:002361) Is Reinvesting At Lower Rates Of Return

Oct 04
Anhui Shenjian New MaterialsLtd (SZSE:002361) Is Reinvesting At Lower Rates Of Return

Anhui Shenjian New MaterialsLtd's (SZSE:002361) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 03
Anhui Shenjian New MaterialsLtd's (SZSE:002361) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Little Excitement Around Anhui Shenjian New Materials Co.,Ltd's (SZSE:002361) Revenues

Feb 27
Little Excitement Around Anhui Shenjian New Materials Co.,Ltd's (SZSE:002361) Revenues

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002361's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002361's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Anhui Shenjian New MaterialsLtd Dividend Yield vs Market
How does 002361 dividend yield compare to the market?
SegmentDividend Yield
Company (002361)2.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (002361) (up to 3 years)n/a

Notable Dividend: 002361's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 002361's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.08%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (336.7%), 002361's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), 002361's dividend payments are covered by cash flows.


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