Shanghai Karon Eco-Valve Manufacturing Dividend
Dividend criteria checks 2/6
Shanghai Karon Eco-Valve Manufacturing is a dividend paying company with a current yield of 1.28% that is well covered by earnings.
Key information
1.3%
Dividend yield
38%
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¥0.58 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301151 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301151 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Shanghai Karon Eco-Valve Manufacturing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301151) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (301151) | n/a |
Notable Dividend: 301151's dividend (1.28%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301151's dividend (1.28%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 301151's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301151 is paying a dividend but the company has no free cash flows.