Anhui Coreach TechnologyLtd Dividend
Dividend criteria checks 3/6
Anhui Coreach TechnologyLtd is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
40%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.291 |
Earnings per share | CN¥0.73 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Anhui Coreach Technology Co.,Ltd's (SZSE:002983) Shares Lagging The Market But So Is The Business
Aug 02Anhui Coreach TechnologyLtd's (SZSE:002983) Upcoming Dividend Will Be Larger Than Last Year's
Jun 11Here's What's Concerning About Anhui Coreach TechnologyLtd's (SZSE:002983) Returns On Capital
Mar 28Anhui Coreach Technology Co.,Ltd (SZSE:002983) Stock Rockets 36% But Many Are Still Ignoring The Company
Mar 06Here's Why Anhui Coreach TechnologyLtd (SZSE:002983) Has Caught The Eye Of Investors
Feb 28Stability 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 (002983) | 1.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (002983) | n/a |
Notable Dividend: 002983's dividend (1.93%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 002983's dividend (1.93%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 002983's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.4%), 002983's dividend payments are covered by cash flows.