Shenzhen Vital New Material Dividend
Dividend criteria checks 3/6
Shenzhen Vital New Material is a dividend paying company with a current yield of 3% that is well covered by earnings.
Key information
3.0%
Dividend yield
85%
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¥1.65 |
Dividend yield forecast in 3Y | 3.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301319's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301319's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shenzhen Vital New Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301319) | 3.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (301319) | 3.0% |
Notable Dividend: 301319's dividend (3%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301319's dividend (3%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.8%), 301319's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (164.6%), 301319's dividend payments are not well covered by cash flows.