Pourin Special Welding Technology Dividend
Dividend criteria checks 2/6
Pourin Special Welding Technology is a dividend paying company with a current yield of 2.08% that is well covered by earnings.
Key information
2.1%
Dividend yield
47%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.98 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301468's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301468's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Pourin Special Welding Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301468) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (301468) | n/a |
Notable Dividend: 301468's dividend (2.08%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301468's dividend (2.08%) 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 (46.8%), 301468's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1192.1%), 301468's dividend payments are not well covered by cash flows.