Hubei Jianghan New Materials Dividend
Dividend criteria checks 3/6
Hubei Jianghan New Materials is a dividend paying company with a current yield of 3.98% that is well covered by earnings.
Key information
4.0%
Dividend yield
63%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.006 |
| Earnings per share | CN¥1.59 |
| Dividend yield forecast | 5.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603281's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603281's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Hubei Jianghan New Materials Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603281) | 4.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast (603281) (up to 3 years) | 5.6% |
Notable Dividend: 603281's dividend (3.98%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603281's dividend (3.98%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.1%), 603281's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95%), 603281's dividend payments are not well covered by cash flows.