COFCO Technology & Industry Dividend
Dividend criteria checks 3/6
COFCO Technology & Industry is a dividend paying company with a current yield of 1.64% that is well covered by earnings.
Key information
1.6%
Dividend yield
36%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.43 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
COFCO Technology & Industry (SZSE:301058) Is Reducing Its Dividend To CN¥0.15
Jun 10COFCO Technology & Industry Co., Ltd. (SZSE:301058) Held Back By Insufficient Growth Even After Shares Climb 26%
May 13COFCO Technology & Industry Co., Ltd. (SZSE:301058) Analysts Just Trimmed Their Revenue Forecasts By 18%
Apr 25COFCO Technology & Industry Co., Ltd. Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected
Apr 23We Like These Underlying Return On Capital Trends At COFCO Technology & Industry (SZSE:301058)
Apr 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301058 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301058 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
COFCO Technology & Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301058) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.4% |
Analyst forecast in 3 Years (301058) | 1.6% |
Notable Dividend: 301058's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301058's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.8%), 301058's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.1%), 301058's dividend payments are well covered by cash flows.