Essence Fastening Systems (Shanghai) Dividend
Dividend criteria checks 2/6
Essence Fastening Systems (Shanghai) is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
74%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.28 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301005 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301005 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Essence Fastening Systems (Shanghai) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301005) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (301005) | n/a |
Notable Dividend: 301005's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301005's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.3%), 301005's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301005 is paying a dividend but the company has no free cash flows.