Sunresin New MaterialsLtd Dividend
Dividend criteria checks 3/6
Sunresin New MaterialsLtd is a dividend paying company with a current yield of 1.11% that is well covered by earnings.
Key information
1.1%
Dividend yield
38%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.49 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Sunresin New MaterialsLtd's (SZSE:300487) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 29Sunresin New Materials Co.,Ltd (SZSE:300487) Analysts Just Slashed This Year's Estimates
Apr 24We Ran A Stock Scan For Earnings Growth And Sunresin New MaterialsLtd (SZSE:300487) Passed With Ease
Apr 15Sunresin New Materials Co.,Ltd's (SZSE:300487) Popularity With Investors Is Under Threat From Overpricing
Mar 13Under The Bonnet, Sunresin New MaterialsLtd's (SZSE:300487) Returns Look Impressive
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300487 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300487's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Sunresin New MaterialsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300487) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (300487) | 1.9% |
Notable Dividend: 300487's dividend (1.11%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300487's dividend (1.11%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), 300487's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.3%), 300487's dividend payments are covered by cash flows.