Canny Elevator Dividend
Dividend criteria checks 5/6
Canny Elevator is a dividend paying company with a current yield of 5.98% that is well covered by earnings.
Key information
6.0%
Dividend yield
84%
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¥0.42 |
| Dividend yield forecast in 3Y | 5.4% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002367) | 6.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (002367) | 5.4% |
Notable Dividend: 002367's dividend (5.98%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002367's dividend (5.98%) is in the top 25% of dividend payers in the CN market (2.51%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.8%), 002367's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.8%), 002367's dividend payments are covered by cash flows.