Red Avenue New Materials Group Co Ltd - Class A

NEW
SHSE:603650 (China)   Class A
¥ 65.22 +5.93 (+10%) Sep 9
67.24
P/B:
9.56
Market Cap:
¥ 40.18B ($ 5.99B)
Enterprise V:
¥ 39.70B ($ 5.92B)
Volume:
33.50M
Avg Vol (2M):
21.49M
Trade In:
Volume:
33.50M
Avg Vol (2M):
21.49M

Red Avenue New Materials Group Co Ltd Stock Historical Dividends and Yields

Red Avenue New Materials Group Co Ltd (SHSE:603650) pays a dividend yield of 0.84% ($0.50 per share annually). The payout ratio is 0.5. The 5-year dividend growth rate is 14.3%. Red Avenue New Materials Group Co Ltd has been paying dividends since 2019.

Below is Red Avenue New Materials Group Co Ltd's complete dividend history, ex-dividend dates, payout ratio trends, and dividend yield charts.

Dividend started since

 
2019

Years of Dividend History

 
7

Years of No Dividend Reduction

 
1

Years of Dividend Increase

 
1
0.84% (Trailing)
0.84% (Forward)

Dividend Yield

0.5
 

Dividend Payout Ratio

14.3%
 

Growth Rate (5-Year)

1.5%
 

Yield on Cost (5-Year)

-1.1%
 

3-Year Share Buyback Ratio

* Special dividend is not included in the calculation of dividend per share and related fields

Dividend Growth


Growth Rate Yield on Cost
1 Year -33.3% 0.56%
3 Year 77.1% 4.67%
5 Year 14.3% 1.5%
10 Year 0% 0.84%

Red Avenue New Materials Group Co Ltd Dividend History & Ex-Dividend Dates

Complete history of 9 dividend payments by Red Avenue New Materials Group Co Ltd since 2019. Each row shows the ex-dividend date, amount per share, record date, pay date, and declaration date.

Red Avenue New Materials Group Co Ltd (SHSE:603650) Dividend History
Ex-Dividend Date Amount Record Date Pay Date Declaration Date
2026-06-01 CNY 0.5 2026-05-29 2026-06-01 2026-05-22
2025-06-03 CNY 0.5 2025-05-30 2025-06-03 2025-05-24
2024-10-16 CNY 0.25 2024-10-15 2024-10-16 2024-10-06
2024-06-05 CNY 0.59 2024-06-04 2024-06-05 2024-05-26
2023-06-05 CNY 0.08 2023-06-02 2023-06-05 2023-05-26
2022-07-04 CNY 0.09 2022-07-01 2022-07-04 2022-06-24
2021-06-08 CNY 0.34 2021-06-07 2021-06-08 2021-05-29
2020-06-12 CNY 0.33 2020-06-11 2020-06-12 2020-06-02
2019-07-09 CNY 0.34 2019-07-08 2019-07-09 2019-06-29

Frequently Asked Questions: SHSE:603650 Dividend

What is Red Avenue New Materials Group Co Ltd's (SHSE:603650) current dividend yield?

Red Avenue New Materials Group Co Ltd (SHSE:603650) currently has a dividend yield of 0.84%, paying $0.50 per share annually. The forward yield is 0.84%.

What is Red Avenue New Materials Group Co Ltd's payout ratio?

Red Avenue New Materials Group Co Ltd's payout ratio is 0.5, which represents the percentage of earnings paid out as dividends. A lower payout ratio generally suggests more room for future dividend growth and greater safety during earnings downturns.

How long has Red Avenue New Materials Group Co Ltd been paying dividends?

Red Avenue New Materials Group Co Ltd has been paying dividends since 2019, a 7-year track record. The company has increased its dividend consistently since 2025.

Is Red Avenue New Materials Group Co Ltd's dividend growing?

Red Avenue New Materials Group Co Ltd's dividend has grown at an annualized rate of 14.3% over the past 5 years and 0% over the past 10 years. This positive growth rate indicates consistent dividend increases.

Where can I see Red Avenue New Materials Group Co Ltd's complete dividend data?

Above this section you'll find Red Avenue New Materials Group Co Ltd's complete dividend payment history, ex-dividend dates, payout ratio trends, and yield charts. For broader analysis of Red Avenue New Materials Group Co Ltd as an investment, visit the Red Avenue New Materials Group Co Ltd Stock summary page on GuruFocus.

Dividend Yield History

This is the historical trailing annual dividend yield of Red Avenue New Materials Group Co Ltd. Buying stocks at higher yield relative its historical values is usually more profitable.

Dividend Per Share History

This the dividend history of Red Avenue New Materials Group Co Ltd

Dividend Payout Ratio

This is the historical payout ratio of Red Avenue New Materials Group Co Ltd. If the dividend payout ratio is close to or higher than 1, dividends might not be sustainable.