Shenzhen Prince New MaterialsLtd Dividend
Dividend criteria checks 1/6
Shenzhen Prince New MaterialsLtd is a dividend paying company with a current yield of 0.35% that is well covered by earnings.
Key information
0.4%
Dividend yield
47%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.16 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002735 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002735's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shenzhen Prince New MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2735) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Packaging) | 2.2% |
Analyst forecast in 3 Years (2735) | n/a |
Notable Dividend: 002735's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002735's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.2%), 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.