Shandong Huatai Paper Industry ShareholdingLtd Dividends and Buybacks
Dividend criteria checks 3/6
Shandong Huatai Paper Industry ShareholdingLtd is a dividend paying company with a current yield of 1.31% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.6%
Buyback Yield
| Total Shareholder Yield | 2.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0478 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600308's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600308's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Huatai Paper Industry ShareholdingLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600308) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Forestry) | 2.1% |
| Analyst forecast (600308) (up to 3 years) | n/a |
Notable Dividend: 600308's dividend (1.31%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600308's dividend (1.31%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 600308's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600308 is paying a dividend but the company has no free cash flows.