Dongguan Yiheda Automation Dividend
Dividend criteria checks 2/6
Dongguan Yiheda Automation is a dividend paying company with a current yield of 1.88% that is well covered by earnings.
Key information
1.9%
Dividend yield
27%
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¥0.94 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Dongguan Yiheda Automation (SZSE:301029) Is Increasing Its Dividend To CN¥0.40
May 22Solid Earnings May Not Tell The Whole Story For Dongguan Yiheda Automation (SZSE:301029)
May 05Dongguan Yiheda Automation Co., Ltd (SZSE:301029) Analysts Just Slashed This Year's Estimates
Apr 28Dongguan Yiheda Automation Co., Ltd Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
Apr 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301029 has been paying a dividend for less than 10 years.
Growing Dividend: 301029's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Dongguan Yiheda Automation Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301029) | 1.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (301029) | 2.4% |
Notable Dividend: 301029's dividend (1.88%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 301029's dividend (1.88%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), 301029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (156%), 301029's dividend payments are not well covered by cash flows.