Fujian South Highway Machinery Dividend
Dividend criteria checks 3/6
Fujian South Highway Machinery is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
30%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.12 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603280's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603280's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Fujian South Highway Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603280) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603280) | 2.6% |
Notable Dividend: 603280's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603280's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 603280's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 603280's dividend payments are covered by cash flows.