ShenZhen YUTO Packaging Technology Dividend
Dividend criteria checks 4/6
ShenZhen YUTO Packaging Technology is a dividend paying company with a current yield of 3.96% that is well covered by earnings.
Key information
4.0%
Dividend yield
58%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.947 |
| Earnings per share | CN¥1.64 |
| Dividend yield forecast | 4.6% |
Recent dividend updates
Recent updates
Lacklustre Performance Is Driving ShenZhen YUTO Packaging Technology Co., Ltd.'s (SZSE:002831) Low P/E
Sep 15
Does ShenZhen YUTO Packaging Technology (SZSE:002831) Have A Healthy Balance Sheet?
Jul 02ShenZhen YUTO Packaging Technology (SZSE:002831) Will Be Hoping To Turn Its Returns On Capital Around
Jun 10Benign Growth For ShenZhen YUTO Packaging Technology Co., Ltd. (SZSE:002831) Underpins Its Share Price
May 21Here's What To Make Of ShenZhen YUTO Packaging Technology's (SZSE:002831) Decelerating Rates Of Return
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002831 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002831's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| ShenZhen YUTO Packaging Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002831) | 4.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Packaging) | 2.6% |
| Analyst forecast (002831) (up to 3 years) | 4.6% |
Notable Dividend: 002831's dividend (3.96%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002831's dividend (3.96%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), 002831's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.4%), 002831's dividend payments are covered by cash flows.