Shandong Kaisheng New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Kaisheng New MaterialsLtd is a dividend paying company with a current yield of 0.62%.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 110% |
Recent dividend and buyback updates
Recent updates
We Think That There Are More Issues For Shandong Kaisheng New MaterialsLtd (SZSE:301069) Than Just Sluggish Earnings
Nov 01
Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares Climb 27% But Its Business Is Yet to Catch Up
Sep 30Unpleasant Surprises Could Be In Store For Shandong Kaisheng New Materials Co.,Ltd.'s (SZSE:301069) Shares
Jun 26Here's Why Shandong Kaisheng New MaterialsLtd (SZSE:301069) Has A Meaningful Debt Burden
May 13Shandong Kaisheng New MaterialsLtd (SZSE:301069) Could Be Struggling To Allocate Capital
Apr 12After Leaping 28% Shandong Kaisheng New Materials Co.,Ltd. (SZSE:301069) Shares Are Not Flying Under The Radar
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301069 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301069 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Kaisheng New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301069) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301069) (up to 3 years) | n/a |
Notable Dividend: 301069's dividend (0.62%) is higher than the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 301069's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.8%), 301069's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), 301069's dividend payments are covered by cash flows.