Jiangsu Huaxin New MaterialLtd Dividend
Dividend criteria checks 3/6
Jiangsu Huaxin New MaterialLtd is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
47%
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¥0.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300717 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300717's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Jiangsu Huaxin New MaterialLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300717) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (300717) | n/a |
Notable Dividend: 300717's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 300717's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), 300717's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.3%), 300717's dividend payments are covered by cash flows.