Lee & Man Paper Manu Dividend yield

Lee & Man Paper Manu is part of Forestry and Paper business, which is part of Basic Materials industry. Lee & Man Paper Manu is a company from China, and his stocks are publicly traded.

Lee & Man Paper Manu stock dividend

Lee & Man Paper Manu paid a total dividend of 259 million HKD last year, for a market value of 9,956 millions (Market Cap 3,267 millions). Lee & Man Paper Manu dividend per share is 0.06 HKD, and his stock market price 2.31 HKD.

According to the chart below, where dividend yield is displayed, Lee & Man Paper Manu has a dividend yield of 2.51%, lower than the amount offered by both the market average and companies from China. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Lee & Man Paper Manu stocks dividend with other Forestry and Paper companies or other of the best China dividend stocks list.

Lee & Man Paper Manu Dividend Payout

About the ability of Lee & Man Paper Manu to maintain his current dividend of HKD 0.06 per share, an amount that accounts for 2.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lee & Man Paper Manu payout on ernings is currently 21.43%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Lee & Man Paper Manucan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Lee & Man Paper Manu is HKD 0.83 per share, which is higher than the dividend per share paid by the company of HKD 0.06, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Lee & Man Paper Manu, compared againt world market average, China companies, Basic Materials industry and Forestry and Paper sector companies.

Lee & Man Paper Manu Dividend History

Below you will find a table with the historical evolution of Lee & Man Paper Manu's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	2.51%	0.06	21.43%	4,310
2022	5.09%	0.18	25.00%	4,320
2021	6.09%	0.33	40.74%	4,347
2020	3.94%	0.25	33.33%	4,347
2019	4.75%	0.28	25.23%	4,380
2018	6.02%	0.40	35.09%	4,394
2017	3.03%	0.28	44.44%	4,517
2016	3.44%	0.21	41.18%	4,558
2015	3.59%	0.16	39.02%	4,606

*In millions

Then you can see the evolution of Lee & Man Paper Manu dividend stock, and compare it with the average of China stocks and that of the Forestry and Paper stocks.

Lee & Man Paper Manu Stock performance

Finally, last moth Lee & Man Paper Manu showed a return of -14.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -18.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Forestry and Paper firms.