Renxin New MaterialLtd Dividends and Buybacks
Dividend criteria checks 2/6
Renxin New MaterialLtd is a dividend paying company with a current yield of 6.14%.
Key information
6.1%
Dividend yield
2.7%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.714 |
| Payout ratio | 233% |
Recent dividend and buyback updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Renxin New MaterialLtd's (SZSE:301395) Earnings
Nov 06
Here's What's Concerning About Renxin New MaterialLtd's (SZSE:301395) Returns On Capital
Sep 24Calculating The Intrinsic Value Of Renxin New Material Co.,Ltd. (SZSE:301395)
Jun 21Renxin New MaterialLtd's (SZSE:301395) Shareholders Have More To Worry About Than Only Soft Earnings
May 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301395's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301395's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Renxin New MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301395) | 6.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301395) (up to 3 years) | n/a |
Notable Dividend: 301395's dividend (6.14%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301395's dividend (6.14%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (233.2%), 301395's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301395 is paying a dividend but the company has no free cash flows.