Zhejiang Kaier New MaterialsLtd Dividend
Dividend criteria checks 4/6
Zhejiang Kaier New MaterialsLtd is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
59%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.15 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Basic Materials) | 3.1% |
Analyst forecast in 3 Years (300234) | n/a |
Notable Dividend: 300234's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 300234's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59%), 300234's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.7%), 300234's dividend payments are well covered by cash flows.