North Industries Group Red Arrow Dividend
Dividend criteria checks 2/6
North Industries Group Red Arrow is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
9%
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¥0.61 |
| Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000519 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000519's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| North Industries Group Red Arrow Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (519) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (519) | 0.4% |
Notable Dividend: 000519's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 000519's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), 000519's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.5%), 000519's dividend payments are covered by cash flows.