Lucky Harvest Dividend
Dividend criteria checks 2/6
Lucky Harvest is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.6%
Dividend yield
22%
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¥2.18 |
Dividend yield forecast in 3Y | 3.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002965 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002965's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Lucky Harvest Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2965) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (2965) | 3.6% |
Notable Dividend: 002965's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002965's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), 002965's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002965 is paying a dividend but the company has no free cash flows.