Jiamei Food Packaging (Chuzhou) Co.,Ltd

XSEC:002969 Stock Report

Market Cap: CN¥3.2b

Jiamei Food Packaging (Chuzhou)Ltd Dividends and Buybacks

Dividend criteria checks 3/6

Jiamei Food Packaging (Chuzhou)Ltd is a dividend paying company with a current yield of 0.9% that is well covered by earnings.

Key information

0.9%

Dividend yield

0.4%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yieldn/a
Dividend Growth30.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.030
Payout ratio25%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002969 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002969's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Jiamei Food Packaging (Chuzhou)Ltd Dividend Yield vs Market
How does 002969 dividend yield compare to the market?
SegmentDividend Yield
Company (002969)0.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Packaging)2.2%
Analyst forecast (002969) (up to 3 years)n/a

Notable Dividend: 002969's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002969's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.4%), 002969's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.4%), 002969's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies