Jiangyin Electrical AlloyLtd Dividend
Dividend criteria checks 2/6
Jiangyin Electrical AlloyLtd is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
54%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.37 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Jiangyin Electrical Alloy Co.,Ltd's (SZSE:300697) 25% Share Price Surge Not Quite Adding Up
May 21
Jiangyin Electrical AlloyLtd (SZSE:300697) Is Increasing Its Dividend To CN¥0.20
May 10Calculating The Intrinsic Value Of Jiangyin Electrical Alloy Co.,Ltd (SZSE:300697)
Apr 23Do Jiangyin Electrical AlloyLtd's (SZSE:300697) Earnings Warrant Your Attention?
Apr 04Jiangyin Electrical Alloy Co.,Ltd (SZSE:300697) Stock Catapults 45% Though Its Price And Business Still Lag The Market
Mar 07Jiangyin Electrical AlloyLtd (SZSE:300697) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300697 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300697's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Jiangyin Electrical AlloyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300697) | 2.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Electrical) | 2.0% |
| Analyst forecast in 3 Years (300697) | n/a |
Notable Dividend: 300697's dividend (2.02%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300697's dividend (2.02%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), 300697's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.3%), 300697's dividend payments are not well covered by cash flows.