Yongxing Special Materials TechnologyLtd Dividend
Dividend criteria checks 3/6
Yongxing Special Materials TechnologyLtd is a dividend paying company with a current yield of 8.41% that is well covered by earnings.
Key information
8.4%
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¥5.54 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Analysts Just Cut Their EPS Forecasts Substantially
May 02
Yongxing Special Materials TechnologyLtd (SZSE:002756) Knows How To Allocate Capital Effectively
Apr 21Yongxing Special Materials Technology Co.,Ltd's (SZSE:002756) Earnings Are Not Doing Enough For Some Investors
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002756 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002756's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Yongxing Special Materials TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2756) | 8.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (2756) | 3.1% |
Notable Dividend: 002756's dividend (8.41%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002756's dividend (8.41%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), 002756's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.7%), 002756's dividend payments are not well covered by cash flows.