Shenzhen Jdd Tech New Material Dividends and Buybacks
Dividend criteria checks 1/6
Shenzhen Jdd Tech New Material is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
-10.9%
Buyback Yield
| Total Shareholder Yield | -10.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 21% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301538) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (301538) (up to 3 years) | n/a |
Notable Dividend: 301538's dividend (0.49%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301538's dividend (0.49%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21%), 301538's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301538 is paying a dividend but the company has no free cash flows.