Yongxing Special Materials TechnologyLtd Dividend
Dividend criteria checks 3/6
Yongxing Special Materials TechnologyLtd is a dividend paying company with a current yield of 10.81% that is well covered by earnings.
Key information
10.8%
Dividend yield
55%
Payout ratio
| Industry average yield | 2.5% |
| 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 | 4.1% |
Recent dividend updates
Recent updates
Is Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Worth CN¥37.0 Based On Its Intrinsic Value?
Jun 28
Is Yongxing Special Materials TechnologyLtd (SZSE:002756) A Risky Investment?
May 25Yongxing Special Materials TechnologyLtd's (SZSE:002756) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 06Yongxing Special Materials Technology Co.,Ltd (SZSE:002756) Analysts Just Cut Their EPS Forecasts Substantially
May 02Yongxing 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 (002756) | 10.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast in 3 Years (002756) | 4.1% |
Notable Dividend: 002756's dividend (10.81%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002756's dividend (10.81%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.8%), 002756's dividend payments are 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.