Guangdong Haomei New Materials Co.,Ltd

SZSE:002988 Stock Report

Market Cap: CN¥4.9b

Guangdong Haomei New MaterialsLtd Dividends and Buybacks

Dividend criteria checks 3/6

Guangdong Haomei New MaterialsLtd is a dividend paying company with a current yield of 2.45% that is well covered by earnings.

Key information

2.4%

Dividend yield

3.3%

Buyback Yield

Total Shareholder Yield5.7%
Future Dividend Yield2.4%
Dividend Growth38.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.500
Payout ratio26%

Recent dividend and buyback updates

Recent updates

Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

Nov 14
Investors Still Aren't Entirely Convinced By Guangdong Haomei New Materials Co.,Ltd's (SZSE:002988) Revenues Despite 35% Price Jump

We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Nov 02
We Think That There Are Issues Underlying Guangdong Haomei New MaterialsLtd's (SZSE:002988) Earnings

Investors Holding Back On Guangdong Haomei New Materials Co.,Ltd (SZSE:002988)

Sep 30
Investors Holding Back On Guangdong Haomei New Materials Co.,Ltd (SZSE:002988)

Returns On Capital At Guangdong Haomei New MaterialsLtd (SZSE:002988) Have Stalled

Apr 28
Returns On Capital At Guangdong Haomei New MaterialsLtd (SZSE:002988) Have Stalled

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002988 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002988's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Guangdong Haomei New MaterialsLtd Dividend Yield vs Market
How does 002988 dividend yield compare to the market?
SegmentDividend Yield
Company (002988)2.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Metals and Mining)2.3%
Analyst forecast (002988) (up to 3 years)2.4%

Notable Dividend: 002988's dividend (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 002988's dividend (2.45%) is in the top 25% of dividend payers in the CN market (2.08%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26%), 002988's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 002988 is paying a dividend but the company has no free cash flows.


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