IFE Elevators Dividend
Dividend criteria checks 3/6
IFE Elevators is a dividend paying company with a current yield of 6.54% that is well covered by earnings.
Key information
6.5%
Dividend yield
83%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Earnings per share | CN¥0.48 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002774 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002774's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| IFE Elevators Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002774) | 6.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast in 3 Years (002774) | n/a |
Notable Dividend: 002774's dividend (6.54%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002774's dividend (6.54%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.2%), 002774's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (365.4%), 002774's dividend payments are not well covered by cash flows.