Zhejiang XinNong ChemicalLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang XinNong ChemicalLtd is a dividend paying company with a current yield of 1.36%.
Key information
1.4%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002942 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002942 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang XinNong ChemicalLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002942) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (002942) (up to 3 years) | n/a |
Notable Dividend: 002942's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002942's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (110.9%), 002942's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), 002942's dividend payments are well covered by cash flows.