Sunresin New MaterialsLtd Dividends and Buybacks
Dividend criteria checks 3/6
Sunresin New MaterialsLtd is a dividend paying company with a current yield of 1.12% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 16.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.568 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300487 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300487's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Sunresin New MaterialsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300487) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (300487) (up to 3 years) | 1.9% |
Notable Dividend: 300487's dividend (1.12%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300487's dividend (1.12%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), 300487's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.2%), 300487's dividend payments are covered by cash flows.