Mengtian Home Group Dividend
Dividend criteria checks 4/6
Mengtian Home Group is a dividend paying company with a current yield of 2.93% that is well covered by earnings.
Key information
2.9%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 74% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603216 has been paying a dividend for less than 10 years.
Growing Dividend: 603216's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Mengtian Home Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603216) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Building) | 2.5% |
| Analyst forecast (603216) (up to 3 years) | 2.9% |
Notable Dividend: 603216's dividend (2.93%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603216's dividend (2.93%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), 603216's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.7%), 603216's dividend payments are covered by cash flows.