Gaona Aero Material Dividend
Dividend criteria checks 4/6
Gaona Aero Material is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
27%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast in 3Y | 1.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300034's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300034's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gaona Aero Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300034) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (300034) | 1.3% |
Notable Dividend: 300034's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300034's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 300034's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.7%), 300034's dividend payments are well covered by cash flows.