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Dividend Yield: 4.7%

Tiandi Science & Technology Ltd. provides a compelling dividend yield of 4.72%, placing it in the top 25% of dividend payers in China, supported by a manageable payout ratio of 45.2%. The company's dividends are covered by both earnings and cash flows, though their history is marked by volatility and unreliability over the past decade. Despite this instability, dividend payments have grown over ten years, with the stock currently trading at a significant discount to its estimated fair value.

• Dive into the specifics of Tiandi Science & TechnologyLtd here with our thorough dividend report.

• Our valuation report here indicates Tiandi Science & TechnologyLtd may be undervalued.

Zhejiang Hailide New MaterialLtd

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Zhejiang Hailide New Material Co., Ltd operates in the research, development, production, and sales of chemical fibers, textile materials, and rubber and plastic products both domestically and internationally with a market cap of CN¥5.02 billion.

Operations: Zhejiang Hailide New Material Co., Ltd's revenue is derived from its activities in chemical fibers, textile materials, and rubber and plastic products within China and on an international scale.

Dividend Yield: 3.4%

Zhejiang Hailide New Material Ltd. offers a dividend yield of 3.42%, ranking it among the top 25% of dividend payers in China, with a payout ratio of 45.4% and cash payout ratio of 41.6%, ensuring dividends are covered by earnings and cash flows. Despite past volatility, dividends have grown over ten years. The company announced a CNY 300 million share buyback program, enhancing shareholder value while trading at an attractive P/E ratio of 13.7x compared to the market's average.

• Click to explore a detailed breakdown of our findings in Zhejiang Hailide New MaterialLtd's dividend report.

• According our valuation report, there's an indication that Zhejiang Hailide New MaterialLtd's share price might be on the cheaper side.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include PSE:BPI SHSE:600582 and SZSE:002206.

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