Asian Star Anchor Chain Jiangsu Dividend
Dividend criteria checks 2/6
Asian Star Anchor Chain Jiangsu is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
41%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.105 |
Earnings per share | CN¥0.26 |
Dividend yield forecast in 3Y | 1.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601890 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601890's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Asian Star Anchor Chain Jiangsu Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (601890) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (601890) | 1.4% |
Notable Dividend: 601890's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 601890's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 601890's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (143.9%), 601890's dividend payments are not well covered by cash flows.