Shandong Xinjufeng Technology Packaging Dividend
Dividend criteria checks 2/6
Shandong Xinjufeng Technology Packaging is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
12%
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¥0.43 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (301296) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Packaging) | 2.2% |
Analyst forecast in 3 Years (301296) | 1.3% |
Notable Dividend: 301296's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 301296's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
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 (5.4%), 301296's dividend payments are thoroughly covered by cash flows.