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 yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.58 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
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 |
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Segment | Dividend 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.