Gaona Aero Material Dividend
Dividend criteria checks 3/6
Gaona Aero Material is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
28%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.124 |
| Earnings per share | CN¥0.44 |
| Dividend yield forecast | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300034's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300034's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gaona Aero Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300034) | 1.0% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast (300034) (up to 3 years) | 1.5% |
Notable Dividend: 300034's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 300034's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), 300034's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300034 is paying a dividend but the company has no free cash flows.