Tianyang New Materials (Shanghai) Technology Dividends and Buybacks
Dividend criteria checks 1/6
Tianyang New Materials (Shanghai) Technology is a dividend paying company with a current yield of 1.13%.
Key information
1.1%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.8% |
| Dividend Growth | -3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | -32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603330 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603330's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Tianyang New Materials (Shanghai) Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603330) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.7% |
| Analyst forecast (603330) (up to 3 years) | 2.8% |
Notable Dividend: 603330's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603330's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: 603330 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 603330 is paying a dividend but the company has no free cash flows.