Dajin Heavy IndustryLtd Dividend
Dividend criteria checks 4/6
Dajin Heavy IndustryLtd is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
29%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.63 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002487's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002487's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Dajin Heavy IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2487) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.7% |
Analyst forecast in 3 Years (2487) | 2.1% |
Notable Dividend: 002487's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002487's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 002487's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.7%), 002487's dividend payments are thoroughly covered by cash flows.