Ganzhou Tengyuan Cobalt New Material Dividends and Buybacks
Dividend criteria checks 3/6
Ganzhou Tengyuan Cobalt New Material is a dividend paying company with a current yield of 3.17% that is well covered by earnings.
Key information
3.2%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Ganzhou Tengyuan Cobalt New Material (SZSE:301219) Could Be Struggling To Allocate Capital
Dec 13
Ganzhou Tengyuan Cobalt New Material's (SZSE:301219) Solid Profits Have Weak Fundamentals
Oct 29Should You Think About Buying Ganzhou Tengyuan Cobalt New Material Co., Ltd. (SZSE:301219) Now?
Oct 18The Market Lifts Ganzhou Tengyuan Cobalt New Material Co., Ltd. (SZSE:301219) Shares 41% But It Can Do More
Oct 01Ganzhou Tengyuan Cobalt New Material (SZSE:301219) Has A Pretty Healthy Balance Sheet
Sep 26Ganzhou Tengyuan Cobalt New Material (SZSE:301219) Could Be Struggling To Allocate Capital
Jul 16Ganzhou Tengyuan Cobalt New Material (SZSE:301219) Seems To Use Debt Quite Sensibly
Jun 24We Think That There Are Issues Underlying Ganzhou Tengyuan Cobalt New Material's (SZSE:301219) Earnings
Apr 24Ganzhou Tengyuan Cobalt New Material Co., Ltd. (SZSE:301219) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Apr 18Is Ganzhou Tengyuan Cobalt New Material (SZSE:301219) Using Too Much Debt?
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301219 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301219 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Ganzhou Tengyuan Cobalt New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301219) | 3.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301219) (up to 3 years) | 3.1% |
Notable Dividend: 301219's dividend (3.17%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301219's dividend (3.17%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), 301219's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301219 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 08:52 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ganzhou Tengyuan Cobalt New Material Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Junfei Bai | Citic Securities Co., Ltd. |
| Zu Xue Qiu | Minsheng Securities Co. |