Sanhe Tongfei Refrigeration Dividend
Dividend criteria checks 2/6
Sanhe Tongfei Refrigeration is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
53%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.94 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300990 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300990's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Sanhe Tongfei Refrigeration Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300990) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (300990) | n/a |
Notable Dividend: 300990's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300990's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 300990's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300990 is paying a dividend but the company has no free cash flows.