Lutian Machinery Dividend
Dividend criteria checks 4/6
Lutian Machinery is a dividend paying company with a current yield of 3.37% that is well covered by earnings.
Key information
3.4%
Dividend yield
42%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605259 has been paying a dividend for less than 10 years.
Growing Dividend: 605259 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Lutian Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605259) | 3.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (605259) | n/a |
Notable Dividend: 605259's dividend (3.37%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 605259's dividend (3.37%) 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 (41.9%), 605259's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.6%), 605259's dividend payments are covered by cash flows.