Runjian Dividend
Dividend criteria checks 2/6
Runjian is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
12%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.68 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002929 has been paying a dividend for less than 10 years.
Growing Dividend: 002929's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Runjian Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2929) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (2929) | 1.5% |
Notable Dividend: 002929's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002929's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.5%), 002929's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002929 is paying a dividend but the company has no free cash flows.