CNGR Advanced MaterialLtd Dividend
Dividend criteria checks 2/6
CNGR Advanced MaterialLtd is a dividend paying company with a current yield of 2.21% that is well covered by earnings.
Key information
2.2%
Dividend yield
39%
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¥2.98 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300919 has been paying a dividend for less than 10 years.
Growing Dividend: 300919's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
CNGR Advanced MaterialLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300919) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (300919) | 3.5% |
Notable Dividend: 300919's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300919's dividend (2.21%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 300919's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300919 is paying a dividend but the company has no free cash flows.