JL Mag Rare-Earth Dividend
Dividend criteria checks 1/6
JL Mag Rare-Earth is a dividend paying company with a current yield of 2.51%.
Key information
2.5%
Dividend yield
99%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Earnings per share | CN¥0.26 |
| Dividend yield forecast | 3.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300748 has been paying a dividend for less than 10 years.
Growing Dividend: 300748's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| JL Mag Rare-Earth Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300748) | 2.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast (300748) (up to 3 years) | 3.3% |
Notable Dividend: 300748's dividend (2.51%) is higher than the bottom 25% of dividend payers in the CN market (0.74%).
High Dividend: 300748's dividend (2.51%) is low compared to the top 25% of dividend payers in the CN market (2.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.5%), 300748's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1085.8%), 300748's dividend payments are not well covered by cash flows.