Levima Advanced Materials Dividend
Dividend criteria checks 1/6
Levima Advanced Materials is a dividend paying company with a current yield of 0.47% that is well covered by earnings.
Key information
0.5%
Dividend yield
31%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.26 |
| Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
We Think That There Are More Issues For Levima Advanced Materials (SZSE:003022) Than Just Sluggish Earnings
Apr 04
Levima Advanced Materials (SZSE:003022) May Have Issues Allocating Its Capital
Mar 28After Leaping 33% Levima Advanced Materials Corporation (SZSE:003022) Shares Are Not Flying Under The Radar
Mar 06Levima Advanced Materials (SZSE:003022) Seems To Be Using A Lot Of Debt
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003022 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003022 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Levima Advanced Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3022) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (3022) | 0.8% |
Notable Dividend: 003022's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 003022's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 003022's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003022 is paying a dividend but the company has no free cash flows.