Shenzhen Vital New Material Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Vital New Material is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.966 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
We Think That There Are Some Issues For Shenzhen Vital New Material (SZSE:301319) Beyond Its Promising Earnings
Nov 04
Shenzhen Vital New Material's (SZSE:301319) Dividend Will Be Increased To CN¥1.40
May 26Shenzhen Vital New Material's (SZSE:301319) Profits Appear To Have Quality Issues
May 02Shenzhen Vital New Material (SZSE:301319) Could Be Struggling To Allocate Capital
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301319 has been paying a dividend for less than 10 years.
Growing Dividend: 301319's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Shenzhen Vital New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301319) | 3.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (301319) (up to 3 years) | 3.1% |
Notable Dividend: 301319's dividend (3.1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301319's dividend (3.1%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84%), 301319's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301319 is paying a dividend but the company has no free cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 22:24 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Vital New Material Co., Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wenxi Jin | Topsperity Securities |