Guangdong Decro Film New Materials Dividend
Dividend criteria checks 2/6
Guangdong Decro Film New Materials is a dividend paying company with a current yield of 1.8% that is well covered by earnings.
Key information
1.8%
Dividend yield
45%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.450 |
Earnings per share | CN¥0.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001378's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001378's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Guangdong Decro Film New Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (001378) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.7% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (001378) | n/a |
Notable Dividend: 001378's dividend (1.8%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 001378's dividend (1.8%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.9%), 001378's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001378 is paying a dividend but the company has no free cash flows.