Baoding Dongli MachineryLtd Dividend
Dividend criteria checks 2/6
Baoding Dongli MachineryLtd is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
47%
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¥0.64 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301298 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301298 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Baoding Dongli MachineryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301298) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (301298) | n/a |
Notable Dividend: 301298's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301298's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), 301298's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301298 is paying a dividend but the company has no free cash flows.