Canny Elevator Dividend
Dividend criteria checks 5/6
Canny Elevator is a dividend paying company with a current yield of 6.54% that is well covered by earnings.
Key information
6.5%
Dividend yield
90%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.350 |
Earnings per share | CN¥0.39 |
Dividend yield forecast | 5.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002367's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002367's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canny Elevator Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002367) | 6.5% |
Market Bottom 25% (CN) | 0.8% |
Market Top 25% (CN) | 2.8% |
Industry Average (Machinery) | 2.1% |
Analyst forecast (002367) (up to 3 years) | 5.9% |
Notable Dividend: 002367's dividend (6.54%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 002367's dividend (6.54%) is in the top 25% of dividend payers in the CN market (2.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.6%), 002367's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.5%), 002367's dividend payments are covered by cash flows.