Shandong Longhua New Material Co., Ltd.

SZSE:301149 Stock Report

Market Cap: CN¥4.6b

Shandong Longhua New Material Dividend

Dividend criteria checks 2/6

Shandong Longhua New Material is a dividend paying company with a current yield of 0.93% that is well covered by earnings.

Key information

0.9%

Dividend yield

21%

Payout ratio

Industry average yield2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.58
Dividend yield forecast in 3Y4.7%

Recent dividend updates

Recent updates

Some Investors May Be Worried About Shandong Longhua New Material's (SZSE:301149) Returns On Capital

Mar 07
Some Investors May Be Worried About Shandong Longhua New Material's (SZSE:301149) Returns On Capital

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 301149 has been paying a dividend for less than 10 years.

Growing Dividend: 301149 has only been paying a dividend for 2 years, and since then payments have not increased.


Dividend Yield vs Market

Shandong Longhua New Material Dividend Yield vs Market
How does 301149 dividend yield compare to the market?
SegmentDividend Yield
Company (301149)0.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Chemicals)2.2%
Analyst forecast in 3 Years (301149)4.7%

Notable Dividend: 301149's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).

High Dividend: 301149's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.27%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21%), 301149's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 301149 is paying a dividend but the company has no free cash flows.


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