Shenzhen Prince New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Prince New MaterialsLtd is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
-24.6%
Buyback Yield
| Total Shareholder Yield | -24.1% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.048 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Shenzhen Prince New MaterialsLtd (SZSE:002735) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 06
These 4 Measures Indicate That Shenzhen Prince New MaterialsLtd (SZSE:002735) Is Using Debt Reasonably Well
May 25Shenzhen Prince New MaterialsLtd's (SZSE:002735) Solid Profits Have Weak Fundamentals
May 06There's Reason For Concern Over Shenzhen Prince New Materials Co.,Ltd.'s (SZSE:002735) Massive 37% Price Jump
Mar 31Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002735's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002735's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Prince New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002735) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (002735) (up to 3 years) | 1.6% |
Notable Dividend: 002735's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002735's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 002735's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002735 is paying a dividend but the company has no free cash flows.