Shandong Weifang Rainbow Chemical Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Weifang Rainbow Chemical is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | -19.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.360 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
Is Shandong Weifang Rainbow Chemical (SZSE:301035) Using Too Much Debt?
Dec 01
We Think That There Are More Issues For Shandong Weifang Rainbow Chemical (SZSE:301035) Than Just Sluggish Earnings
Nov 04Returns On Capital At Shandong Weifang Rainbow Chemical (SZSE:301035) Have Stalled
Oct 24The Market Lifts Shandong Weifang Rainbow Chemical Co., Ltd (SZSE:301035) Shares 28% But It Can Do More
Sep 27Take Care Before Diving Into The Deep End On Shandong Weifang Rainbow Chemical Co., Ltd (SZSE:301035)
Aug 07Shandong Weifang Rainbow Chemical (SZSE:301035) Has A Somewhat Strained Balance Sheet
Jul 12Shandong Weifang Rainbow Chemical (SZSE:301035) Has More To Do To Multiply In Value Going Forward
Jun 21Why Shandong Weifang Rainbow Chemical's (SZSE:301035) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Shandong Weifang Rainbow Chemical Co., Ltd's (SZSE:301035) Shares Not Telling The Full Story
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301035 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301035 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Weifang Rainbow Chemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301035) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301035) (up to 3 years) | 2.5% |
Notable Dividend: 301035's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301035's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.7%), 301035's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301035 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 | 2024/12/23 10:33 |
| End of Day Share Price | 2024/12/23 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Shandong Weifang Rainbow Chemical Co., Ltd is covered by 6 analysts. 3 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 |
|---|---|
| Di Wu | China International Capital Corporation Limited |
| Wang Zhe | Citic Securities Co., Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |