SF Oilless Bearing Group Dividend
Dividend criteria checks 2/6
SF Oilless Bearing Group is a dividend paying company with a current yield of 1.86% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
1.9%
Dividend yield
74%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 06 Jun 24 |
| Ex dividend date | 06 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.34 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300817 has been paying a dividend for less than 10 years.
Growing Dividend: 300817's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| SF Oilless Bearing Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300817) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (300817) | n/a |
Notable Dividend: 300817's dividend (1.86%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300817's dividend (1.86%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), 300817's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (263%), 300817's dividend payments are not well covered by cash flows.