Jiangxi Hungpai New Material Dividend
Dividend criteria checks 3/6
Jiangxi Hungpai New Material is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
49%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.040 |
Earnings per share | CN¥0.077 |
Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605366 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605366 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Jiangxi Hungpai New Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605366) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.8% |
Analyst forecast (605366) (up to 3 years) | n/a |
Notable Dividend: 605366's dividend (0.66%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 605366's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.9%), 605366's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.5%), 605366's dividend payments are thoroughly covered by cash flows.