Malion New Materials Dividend
Dividend criteria checks 2/6
Malion New Materials is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.084 |
| Dividend yield forecast | 0.7% |
Recent dividend updates
Recent updates
Investor Optimism Abounds Malion New Materials Co., Ltd. (SZSE:300586) But Growth Is Lacking
Jun 26
Malion New Materials (SZSE:300586) Hasn't Managed To Accelerate Its Returns
Jun 03Malion New Materials' (SZSE:300586) Soft Earnings Are Actually Better Than They Appear
May 05Malion New Materials Co., Ltd. (SZSE:300586) Held Back By Insufficient Growth Even After Shares Climb 31%
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300586 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300586's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Malion New Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300586) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (300586) (up to 3 years) | 0.7% |
Notable Dividend: 300586's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300586's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.7%), 300586's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300586 is paying a dividend but the company has no free cash flows.