Dalian Demaishi Precision Technology Dividend
Dividend criteria checks 2/6
Dalian Demaishi Precision Technology is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
43%
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¥0.35 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301007 has been paying a dividend for less than 10 years.
Growing Dividend: 301007's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Dalian Demaishi Precision Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301007) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (301007) | n/a |
Notable Dividend: 301007's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301007's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.9%), 301007's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (132.8%), 301007's dividend payments are not well covered by cash flows.