Shandong Xinjufeng Technology Packaging Dividend
Dividend criteria checks 3/6
Shandong Xinjufeng Technology Packaging is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
12%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.053 |
| Earnings per share | CN¥0.42 |
| Dividend yield forecast | 1.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301296's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301296's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shandong Xinjufeng Technology Packaging Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301296) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.3% |
| Analyst forecast (301296) (up to 3 years) | 1.3% |
Notable Dividend: 301296's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 301296's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), 301296's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.9%), 301296's dividend payments are thoroughly covered by cash flows.