Suzhou YourBest New-type MaterialsLtd Dividend
Dividend criteria checks 2/6
Suzhou YourBest New-type MaterialsLtd is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
19%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.44 |
Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Suzhou YourBest New-type MaterialsLtd's (SZSE:301266) Earnings
Apr 26Some Suzhou YourBest New-type Materials Co.,Ltd. (SZSE:301266) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 23Be Wary Of Suzhou YourBest New-type MaterialsLtd (SZSE:301266) And Its Returns On Capital
Apr 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301266's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301266's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Suzhou YourBest New-type MaterialsLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301266) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (301266) | 1.3% |
Notable Dividend: 301266's dividend (0.71%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301266's dividend (0.71%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.8%), 301266's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301266 is paying a dividend but the company has no free cash flows.