Jiangsu Dingsheng New Materials Ltd Dividend
Dividend criteria checks 2/6
Jiangsu Dingsheng New Materials is a dividend paying company with a current yield of 2.15% that is well covered by earnings. Last payment was on 5th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
2.2%
Dividend yield
42%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 05 Jul 24 |
Ex dividend date | 05 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.46 |
Dividend yield forecast in 3Y | 6.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603876 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603876's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Jiangsu Dingsheng New Materials Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603876) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Metals and Mining) | 2.5% |
Analyst forecast in 3 Years (603876) | 6.7% |
Notable Dividend: 603876's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603876's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.4%), 603876's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603876 is paying a dividend but the company has no free cash flows.