Zhejiang Runyang New Material Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhejiang Runyang New Material Technology is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -47.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Subdued Growth No Barrier To Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) With Shares Advancing 28%
Nov 11
There's Reason For Concern Over Zhejiang Runyang New Material Technology Co., Ltd.'s (SZSE:300920) Price
Sep 27Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Surges 29% Yet Its Low P/E Is No Reason For Excitement
May 21Be Wary Of Zhejiang Runyang New Material Technology (SZSE:300920) And Its Returns On Capital
Apr 23Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Investors Are Less Pessimistic Than Expected
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300920 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300920 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Zhejiang Runyang New Material Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300920) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (300920) (up to 3 years) | n/a |
Notable Dividend: 300920's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300920's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), 300920's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300920 is paying a dividend but the company has no free cash flows.