Fujian Tendering Dividend
Dividend criteria checks 2/6
Fujian Tendering is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
67%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.083 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301136 has been paying a dividend for less than 10 years.
Growing Dividend: 301136 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Fujian Tendering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301136) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (301136) | n/a |
Notable Dividend: 301136's dividend (0.89%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301136's dividend (0.89%) 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 (67%), 301136's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.3%), 301136's dividend payments are not well covered by cash flows.