L&K Engineering (Suzhou)Ltd Dividend
Dividend criteria checks 4/6
L&K Engineering (Suzhou)Ltd is a dividend paying company with a current yield of 4.51% that is well covered by earnings.
Key information
4.5%
Dividend yield
48%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.000 |
Earnings per share | CN¥2.11 |
Dividend yield forecast in 3Y | 9.0% |
Recent dividend updates
No updates
Recent updates
Improved Earnings Required Before L&K Engineering (Suzhou) Co.,Ltd. (SHSE:603929) Stock's 27% Jump Looks Justified
Apr 21Market Might Still Lack Some Conviction On L&K Engineering (Suzhou) Co.,Ltd. (SHSE:603929) Even After 33% Share Price Boost
Mar 06Does L&K Engineering (Suzhou)Ltd (SHSE:603929) Deserve A Spot On Your Watchlist?
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603929 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603929's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
L&K Engineering (Suzhou)Ltd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603929) | 4.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.5% |
Analyst forecast in 3 Years (603929) | 9.0% |
Notable Dividend: 603929's dividend (4.51%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603929's dividend (4.51%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), 603929's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), 603929's dividend payments are well covered by cash flows.