Hubei Xiangyuan New Material Technology Dividend
Dividend criteria checks 2/6
Hubei Xiangyuan New Material Technology is a dividend paying company with a current yield of 2.49%.
Key information
2.5%
Dividend yield
118%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 1.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300980 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300980's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Hubei Xiangyuan New Material Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300980) | 2.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (300980) | 1.0% |
Notable Dividend: 300980's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300980's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.4%), 300980's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300980 is paying a dividend but the company has no free cash flows.