Luoyang Jianlong Micro-nano New Material Dividends and Buybacks
Dividend criteria checks 3/6
Luoyang Jianlong Micro-nano New Material is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 32.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.595 |
| Payout ratio | 30% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688357 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688357's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Luoyang Jianlong Micro-nano New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688357) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (688357) (up to 3 years) | 2.4% |
Notable Dividend: 688357's dividend (2.36%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688357's dividend (2.36%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), 688357's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 688357's cash payout ratio to determine if its dividend payments are covered by cash flows.