Henan Jindan Lactic Acid TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Henan Jindan Lactic Acid TechnologyLtd is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | 49.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Henan Jindan Lactic Acid Technology Co.,Ltd.'s (SZSE:300829) Shares Climb 37% But Its Business Is Yet to Catch Up
Oct 08
Some Henan Jindan Lactic Acid Technology Co.,Ltd. (SZSE:300829) Shareholders Look For Exit As Shares Take 26% Pounding
Jun 05Henan Jindan Lactic Acid TechnologyLtd's (SZSE:300829) Dividend Will Be Reduced To CN¥0.10
Jun 02Henan Jindan Lactic Acid TechnologyLtd's (SZSE:300829) Conservative Accounting Might Explain Soft Earnings
May 01Improved Earnings Required Before Henan Jindan Lactic Acid Technology Co.,Ltd. (SZSE:300829) Stock's 28% Jump Looks Justified
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300829 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300829 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Henan Jindan Lactic Acid TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300829) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (300829) (up to 3 years) | 0.6% |
Notable Dividend: 300829's dividend (0.57%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300829's dividend (0.57%) 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 (19.6%), 300829's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300829 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 01:10 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Henan Jindan Lactic Acid Technology Co.,Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ce Zhou | Chasing Securities |
| Wei Liu | Haitong International Research Limited |
| Xin Peng | Tianfeng Securities Brokerage Co., Ltd |