Shandong Dawn PolymerLtd Dividends and Buybacks
Dividend criteria checks 1/6
Shandong Dawn PolymerLtd is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.065 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
There's Reason For Concern Over Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Massive 36% Price Jump
Oct 22
Returns On Capital At Shandong Dawn PolymerLtd (SZSE:002838) Paint A Concerning Picture
Oct 21Shandong Dawn PolymerLtd's (SZSE:002838) Dividend Is Being Reduced To CN¥0.065
Jun 24Getting In Cheap On Shandong Dawn Polymer Co.,Ltd. (SZSE:002838) Is Unlikely
Jun 07Earnings Troubles May Signal Larger Issues for Shandong Dawn PolymerLtd (SZSE:002838) Shareholders
Apr 08Shandong Dawn PolymerLtd (SZSE:002838) Has A Somewhat Strained Balance Sheet
Mar 27Shandong Dawn Polymer Co.,Ltd.'s (SZSE:002838) Shares May Have Run Too Fast Too Soon
Feb 28Stability 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 7 years.
Dividend Yield vs Market
| Shandong Dawn PolymerLtd Dividend Yield vs Market |
|---|
| Segment | Dividend 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 (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002838's dividend (0.5%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
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.