Super-Dragon Engineering Plastics Dividends and Buybacks
Dividend criteria checks 2/6
Super-Dragon Engineering Plastics is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.370 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Super-Dragon Engineering Plastics' (SZSE:301131) Conservative Accounting Might Explain Soft Earnings
Nov 06
Super-Dragon Engineering Plastics (SZSE:301131) Is Reinvesting At Lower Rates Of Return
Jul 04What Super-Dragon Engineering Plastics Co., Ltd's (SZSE:301131) 26% Share Price Gain Is Not Telling You
May 23Super-Dragon Engineering Plastics' (SZSE:301131) Earnings Are Of Questionable Quality
May 05Here's What's Concerning About Super-Dragon Engineering Plastics' (SZSE:301131) Returns On Capital
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301131 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301131 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Super-Dragon Engineering Plastics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301131) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301131) (up to 3 years) | n/a |
Notable Dividend: 301131's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301131's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), 301131's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301131 is paying a dividend but the company has no free cash flows.