DorightLtd Dividend
Dividend criteria checks 1/6
DorightLtd is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
29%
Payout ratio
Industry average yield | 1.9% |
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 | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300950 has been paying a dividend for less than 10 years.
Growing Dividend: 300950's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
DorightLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300950) | 0.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (300950) | n/a |
Notable Dividend: 300950's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300950's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 300950's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300950 is paying a dividend but the company has no free cash flows.