Sumec Dividend
Dividend criteria checks 4/6
Sumec is a dividend paying company with a current yield of 4.19% that is well covered by earnings.
Key information
4.2%
Dividend yield
39%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.330 |
Earnings per share | CN¥0.83 |
Dividend yield forecast in 3Y | 4.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600710 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600710's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Sumec Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600710) | 4.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Trade Distributors) | 3.6% |
Analyst forecast in 3 Years (600710) | 4.8% |
Notable Dividend: 600710's dividend (4.19%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600710's dividend (4.19%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 600710's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.5%), 600710's dividend payments are well covered by cash flows.