Shandong Dawn Polymer Co.,Ltd.

SZSE:002838 Stock Report

Market Cap: CN¥5.4b

Shandong Dawn PolymerLtd Dividends and Buybacks

Dividend criteria checks 2/6

Shandong Dawn PolymerLtd is a dividend paying company with a current yield of 0.55% that is well covered by earnings.

Key information

0.5%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield1.1%
Future Dividend Yieldn/a
Dividend Growth1.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.065
Payout ratio21%

Recent dividend and buyback updates

Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065

Jun 24
Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065

Recent updates

There's Reason For Concern Over Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Massive 36% Price Jump

Oct 22
There's Reason For Concern Over Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Massive 36% Price Jump

Returns On Capital At Shandong Dawn PolymerLtd (SZSE:002838) Paint A Concerning Picture

Oct 21
Returns On Capital At Shandong Dawn PolymerLtd (SZSE:002838) Paint A Concerning Picture

Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065

Jun 24
Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065

Getting In Cheap On Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) Is Unlikely

Jun 07
Getting In Cheap On Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) Is Unlikely

Earnings Troubles May Signal Larger Issues for Shandong Dawn PolymerLtd (SZSE:002838) Shareholders

Apr 08
Earnings Troubles May Signal Larger Issues for Shandong Dawn PolymerLtd (SZSE:002838) Shareholders

Shandong Dawn PolymerLtd (SZSE:002838) Has A Somewhat Strained Balance Sheet

Mar 27
Shandong Dawn PolymerLtd (SZSE:002838) Has A Somewhat Strained Balance Sheet

Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Shares May Have Run Too Fast Too Soon

Feb 28
Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Shares May Have Run Too Fast Too Soon

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002838 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002838's dividend payments have increased, but the company has only paid a dividend for 8 years.


Dividend Yield vs Market

Shandong Dawn PolymerLtd Dividend Yield vs Market
How does 002838 dividend yield compare to the market?
SegmentDividend Yield
Company (002838)0.5%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Chemicals)1.7%
Analyst forecast (002838) (up to 3 years)n/a

Notable Dividend: 002838's dividend (0.55%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 002838's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21%), 002838's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002838 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:01
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shandong Dawn Polymer Co.,Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zheng ZhouChina Merchants Securities Co. Ltd.
Xiao Bao LiuEverbright Securities Co. Ltd.
Miao SuGuosen Securities Co., Ltd.