Guangdong Nedfon Air System Dividend
Dividend criteria checks 3/6
Guangdong Nedfon Air System is a dividend paying company with a current yield of 3.72% that is well covered by earnings.
Key information
3.7%
Dividend yield
60%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.880 |
Earnings per share | CN¥1.49 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301043 has been paying a dividend for less than 10 years.
Growing Dividend: 301043's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Guangdong Nedfon Air System Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301043) | 3.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Building) | 3.5% |
Analyst forecast in 3 Years (301043) | n/a |
Notable Dividend: 301043's dividend (3.72%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301043's dividend (3.72%) is in the top 25% of dividend payers in the CN market (2.62%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.6%), 301043's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.9%), 301043's dividend payments are not well covered by cash flows.