Shenzhen Jdd Tech New Material Dividend
Dividend criteria checks 2/6
Shenzhen Jdd Tech New Material is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
13%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥4.09 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301538's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301538's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shenzhen Jdd Tech New Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301538) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (301538) | n/a |
Notable Dividend: 301538's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 301538's dividend (0.38%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), 301538's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.6%), 301538's dividend payments are covered by cash flows.