Rayhoo Motor DiesLtd Dividend
Dividend criteria checks 2/6
Rayhoo Motor DiesLtd is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
22%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥1.31 |
| Dividend yield forecast | 1.7% |
Recent dividend updates
Recent updates
A Piece Of The Puzzle Missing From Rayhoo Motor Dies Co.,Ltd.'s (SZSE:002997) Share Price
Aug 08
Here's Why Rayhoo Motor DiesLtd (SZSE:002997) Can Manage Its Debt Responsibly
Jul 12There Are Some Holes In Rayhoo Motor DiesLtd's (SZSE:002997) Solid Earnings Release
Apr 29Rayhoo Motor DiesLtd (SZSE:002997) Has A Pretty Healthy Balance Sheet
Mar 25Earnings Tell The Story For Rayhoo Motor Dies Co.,Ltd. (SZSE:002997) As Its Stock Soars 28%
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002997 has been paying a dividend for less than 10 years.
Growing Dividend: 002997's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Rayhoo Motor DiesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002997) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002997) (up to 3 years) | 1.7% |
Notable Dividend: 002997's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002997's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), 002997's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002997 is paying a dividend but the company has no free cash flows.