Malion New Materials Dividend
Dividend criteria checks 2/6
Malion New Materials is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | -3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 70% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300586 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300586's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Malion New Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300586) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (300586) (up to 3 years) | 0.6% |
Notable Dividend: 300586's dividend (0.63%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300586's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.1%), 300586's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300586 is paying a dividend but the company has no free cash flows.