Henan Liliang Diamond Dividends and Buybacks
Dividend criteria checks 2/6
Henan Liliang Diamond is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301071 has been paying a dividend for less than 10 years.
Growing Dividend: 301071's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Henan Liliang Diamond Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301071) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (301071) (up to 3 years) | 3.1% |
Notable Dividend: 301071's dividend (1.88%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301071's dividend (1.88%) 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 (46.8%), 301071's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301071 is paying a dividend but the company has no free cash flows.