Liaoning Xinde New Material Technology Dividend
Dividend criteria checks 2/6
Liaoning Xinde New Material Technology is a dividend paying company with a current yield of 1.09%.
Key information
1.1%
Dividend yield
3,157%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.0096 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301349's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301349's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Liaoning Xinde New Material Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301349) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (301349) | 3.5% |
Notable Dividend: 301349's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 301349's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (3157.2%), 301349's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.1%), 301349's dividend payments are well covered by cash flows.