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 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
1.6%
Buyback Yield
Total Shareholder Yield | 2.8% |
Future Dividend Yield | n/a |
Dividend Growth | 0.8% |
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 |
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Segment | Dividend Yield |
---|---|
Company (600308) | 1.3% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Forestry) | 1.9% |
Analyst forecast (600308) (up to 3 years) | n/a |
Notable Dividend: 600308's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 600308's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
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.