Haining China Leather MarketLtd Dividends and Buybacks
Dividend criteria checks 3/6
Haining China Leather MarketLtd is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.0005%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | -0.005% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.043 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Investors Appear Satisfied With Haining China Leather Market Co.,Ltd's (SZSE:002344) Prospects As Shares Rocket 30%
Nov 18
We Think That There Are More Issues For Haining China Leather MarketLtd (SZSE:002344) Than Just Sluggish Earnings
Nov 03We Think Haining China Leather MarketLtd (SZSE:002344) Is Taking Some Risk With Its Debt
Sep 26Weak Statutory Earnings May Not Tell The Whole Story For Haining China Leather MarketLtd (SZSE:002344)
May 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002344's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002344's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Haining China Leather MarketLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002344) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Real Estate) | 2.5% |
| Analyst forecast (002344) (up to 3 years) | 0.7% |
Notable Dividend: 002344's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002344's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), 002344's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.5%), 002344's dividend payments are covered by cash flows.