Shandong Linuo Pharmaceutical Packaging Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Linuo Pharmaceutical Packaging is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Here's Why Shandong Linuo Technical GlassLtd (SZSE:301188) Can Manage Its Debt Responsibly
Oct 21
Shandong Linuo Technical Glass Co.,Ltd.'s (SZSE:301188) P/E Is Still On The Mark Following 34% Share Price Bounce
Oct 02Is There Now An Opportunity In Shandong Linuo Technical Glass Co.,Ltd. (SZSE:301188)?
Sep 28Shandong Linuo Technical GlassLtd's (SZSE:301188) Dividend Is Being Reduced To CN¥0.10
May 31Earnings Tell The Story For Shandong Linuo Technical Glass Co.,Ltd. (SZSE:301188) As Its Stock Soars 27%
May 21Be Wary Of Shandong Linuo Technical GlassLtd (SZSE:301188) And Its Returns On Capital
May 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301188 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301188 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Linuo Pharmaceutical Packaging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301188) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Packaging) | 2.1% |
| Analyst forecast (301188) (up to 3 years) | 2.3% |
Notable Dividend: 301188's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301188's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 301188's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301188 is paying a dividend but the company has no free cash flows.