Runner (Xiamen) Dividend
Dividend criteria checks 4/6
Runner (Xiamen) is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
38%
Payout ratio
Industry average yield | 2.7% |
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 | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603408 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Runner (Xiamen) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603408) | 2.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Building) | 2.7% |
Analyst forecast in 3 Years (603408) | n/a |
Notable Dividend: 603408's dividend (2.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603408's dividend (2.76%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 603408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53%), 603408's dividend payments are covered by cash flows.