Shandong Xinjufeng Technology Packaging Dividend
Dividend criteria checks 3/6
Shandong Xinjufeng Technology Packaging is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
12%
Payout ratio
Industry average yield | 2.5% |
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 | 1.6% |
Recent dividend updates
Recent updates
Shandong 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 |
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Segment | Dividend Yield |
---|---|
Company (301296) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Packaging) | 2.5% |
Analyst forecast in 3 Years (301296) | 1.6% |
Notable Dividend: 301296's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301296's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
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.