Gem-Year IndustrialLtd Dividend
Dividend criteria checks 3/6
Gem-Year IndustrialLtd is a dividend paying company with a current yield of 2.99%.
Key information
3.0%
Dividend yield
-157%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | -CN¥0.064 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601002's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601002's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Gem-Year IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601002) | 3.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast (601002) (up to 3 years) | n/a |
Notable Dividend: 601002's dividend (2.99%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 601002's dividend (2.99%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: 601002 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), 601002's dividend payments are well covered by cash flows.