Guangdong Kitech New Material HoldingLtd Dividend
Dividend criteria checks 0/6
Guangdong Kitech New Material HoldingLtd is a dividend paying company with a current yield of 0.54%.
Key information
0.5%
Dividend yield
98%
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¥0.10 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 34% Price Boost Is Out Of Tune With Revenues
Apr 11
Weak Statutory Earnings May Not Tell The Whole Story For Guangdong Kitech New Material HoldingLtd (SZSE:300995)
Apr 04Guangdong Kitech New Material Holding Co.,Ltd.'s (SZSE:300995) 25% Share Price Plunge Could Signal Some Risk
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300995 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300995 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Guangdong Kitech New Material HoldingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300995) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast in 3 Years (300995) | n/a |
Notable Dividend: 300995's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 300995's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.9%), 300995's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300995 is paying a dividend but the company has no free cash flows.