Shanghai Luoman Technologies Dividend
Dividend criteria checks 2/6
Shanghai Luoman Technologies is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
32%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.250 |
Earnings per share | CN¥0.79 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Shanghai Luoman Technologies' (SHSE:605289) Returns On Capital Not Reflecting Well On The Business
Jun 07With A 26% Price Drop For Shanghai Luoman Technologies Inc. (SHSE:605289) You'll Still Get What You Pay For
Apr 15Calculating The Fair Value Of Shanghai Luoman Lighting Technologies Inc. (SHSE:605289)
Mar 20Shanghai Luoman Lighting Technologies Inc. (SHSE:605289) Not Flying Under The Radar
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605289 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605289 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Shanghai Luoman Technologies Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605289) | 1.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.6% |
Analyst forecast in 3 Years (605289) | n/a |
Notable Dividend: 605289's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 605289's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.7%), 605289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (178.4%), 605289's dividend payments are not well covered by cash flows.