Shandong Xinjufeng Technology Packaging Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Xinjufeng Technology Packaging is a dividend paying company with a current yield of 0.54% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.053 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Shandong Xinjufeng Technology Packaging Co., Ltd. (SZSE:301296) Held Back By Insufficient Growth Even After Shares Climb 29%
Nov 20
Is Shandong Xinjufeng Technology Packaging (SZSE:301296) Using Too Much Debt?
Oct 29Is There Now An Opportunity In Shandong Xinjufeng Technology Packaging Co., Ltd. (SZSE:301296)?
Sep 27Shandong Xinjufeng Technology Packaging (SZSE:301296) Is Increasing Its Dividend To CN¥0.0534
Jul 01Returns On Capital Signal Tricky Times Ahead For Shandong Xinjufeng Technology Packaging (SZSE:301296)
Jun 26Shandong Xinjufeng Technology Packaging (SZSE:301296) Has A Pretty Healthy Balance Sheet
Mar 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301296's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301296's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shandong Xinjufeng Technology Packaging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301296) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Packaging) | 2.1% |
| Analyst forecast (301296) (up to 3 years) | 1.1% |
Notable Dividend: 301296's dividend (0.54%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301296's dividend (0.54%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.1%), 301296's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.7%), 301296's dividend payments are well covered by cash flows.