Zhejiang Kaier New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Kaier New MaterialsLtd is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 28.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.089 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Zhejiang Kaier New Materials Co.,Ltd.'s (SZSE:300234) Shareholders Might Be Looking For Exit
Sep 30
Zhejiang Kaier New MaterialsLtd (SZSE:300234) Shareholders Will Want The ROCE Trajectory To Continue
Jun 07Zhejiang Kaier New MaterialsLtd's (SZSE:300234) Earnings Offer More Than Meets The Eye
Apr 09Zhejiang Kaier New Materials Co.,Ltd. (SZSE:300234) Stock Rockets 37% As Investors Are Less Pessimistic Than Expected
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300234's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300234's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhejiang Kaier New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300234) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (300234) (up to 3 years) | n/a |
Notable Dividend: 300234's dividend (1.72%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300234's dividend (1.72%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.2%), 300234's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), 300234's dividend payments are covered by cash flows.