Chengdu Dahongli MachineryLtd Dividend
Dividend criteria checks 1/6
Chengdu Dahongli MachineryLtd is a dividend paying company with a current yield of 0.36%. Last payment was on 9th May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
0.4%
Dividend yield
-14%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 09 May 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | -CN¥0.39 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300865 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300865 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Chengdu Dahongli MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300865) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (300865) | n/a |
Notable Dividend: 300865's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300865's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: 300865 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.6%), 300865's dividend payments are thoroughly covered by cash flows.