Shenzhen Vital New Material Dividend
Dividend criteria checks 3/6
Shenzhen Vital New Material is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
84%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.966 |
| Earnings per share | CN¥1.15 |
| Future Dividend Yield | 3.3% |
Recent dividend updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301319) | 3.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (301319) (up to 3 years) | 3.3% |
Notable Dividend: 301319's dividend (3.33%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301319's dividend (3.33%) is in the top 25% of dividend payers in the CN market (2.18%)
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.