Yuhuan CNC Machine ToolLtd Dividend
Dividend criteria checks 2/6
Yuhuan CNC Machine ToolLtd is a dividend paying company with a current yield of 1.17%.
Key information
1.2%
Dividend yield
95%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.21 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002903 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002903 has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
| Yuhuan CNC Machine ToolLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2903) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (2903) | n/a |
Notable Dividend: 002903's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002903's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.9%), 002903's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30%), 002903's dividend payments are well covered by cash flows.