Kangda New Materials (Group) Dividends and Buybacks
Dividend criteria checks 3/6
Kangda New Materials (Group) is a dividend paying company with a current yield of 0.73%.
Key information
0.7%
Dividend yield
2.4%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | -27% |
Recent dividend and buyback updates
Recent updates
Kangda New Materials (Group) Co., Ltd.'s (SZSE:002669) Price Is Right But Growth Is Lacking
Aug 22
There May Be Reason For Hope In Kangda New Materials (Group)'s (SZSE:002669) Disappointing Earnings
Apr 22Kangda New Materials (Group) (SZSE:002669) Will Want To Turn Around Its Return Trends
Mar 26Kangda New Materials (Group) Co., Ltd. (SZSE:002669) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002669's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002669's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kangda New Materials (Group) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002669) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002669) (up to 3 years) | n/a |
Notable Dividend: 002669's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002669's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: 002669 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.2%), 002669's dividend payments are well covered by cash flows.