Zhejiang Hengda New MaterialLtd Dividends and Buybacks
Dividend criteria checks 4/6
Zhejiang Hengda New MaterialLtd is a dividend paying company with a current yield of 2.2% that is well covered by earnings.
Key information
2.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.559 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Insufficient Growth At Zhejiang Hengda New Material Co.,Ltd. (SZSE:301469) Hampers Share Price
Sep 29
Not Many Are Piling Into Zhejiang Hengda New Material Co.,Ltd. (SZSE:301469) Just Yet
Jun 06We Think That There Are Some Issues For Zhejiang Hengda New MaterialLtd (SZSE:301469) Beyond Its Promising Earnings
Apr 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301469's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301469's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Zhejiang Hengda New MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301469) | 2.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Packaging) | 2.1% |
| Analyst forecast (301469) (up to 3 years) | n/a |
Notable Dividend: 301469's dividend (2.2%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301469's dividend (2.2%) is in the top 25% of dividend payers in the CN market (2.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.5%), 301469's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.2%), 301469's dividend payments are well covered by cash flows.