Foshan Golden Milky Way Intelligent Equipment Dividend
Dividend criteria checks 2/6
Foshan Golden Milky Way Intelligent Equipment is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
44%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Foshan Golden Milky Way Intelligent Equipment Co., Ltd. (SZSE:300619) Shares May Have Slumped 32% But Getting In Cheap Is Still Unlikely
Jul 02Foshan Golden Milky Way Intelligent Equipment's (SZSE:300619) Returns On Capital Not Reflecting Well On The Business
Jun 26We Think That There Are More Issues For Foshan Golden Milky Way Intelligent Equipment (SZSE:300619) Than Just Sluggish Earnings
May 06Many Still Looking Away From Foshan Golden Milky Way Intelligent Equipment Co., Ltd. (SZSE:300619)
Apr 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300619 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300619's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Foshan Golden Milky Way Intelligent Equipment Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300619) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (300619) | n/a |
Notable Dividend: 300619's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300619's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 300619's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300619 is paying a dividend but the company has no free cash flows.