Anhui Coreach TechnologyLtd Dividend
Dividend criteria checks 3/6
Anhui Coreach TechnologyLtd is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.84 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002983 has been paying a dividend for less than 10 years.
Growing Dividend: 002983's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Anhui Coreach TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2983) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast in 3 Years (2983) | n/a |
Notable Dividend: 002983's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002983's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 002983's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.3%), 002983's dividend payments are well covered by cash flows.