Shenzhen Senior Technology Material Dividends and Buybacks
Dividend criteria checks 1/6
Shenzhen Senior Technology Material is a dividend paying company with a current yield of 1.84%.
Key information
1.8%
Dividend yield
-3.2%
Buyback Yield
| Total Shareholder Yield | -1.3% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 12.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 113% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300568 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300568's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Senior Technology Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300568) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (300568) (up to 3 years) | 2.0% |
Notable Dividend: 300568's dividend (1.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300568's dividend (1.84%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (113%), 300568's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300568 is paying a dividend but the company has no free cash flows.