Liaoning Cheng Da Dividend
Dividend criteria checks 2/6
Liaoning Cheng Da is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
78%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.13 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600739 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600739 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Liaoning Cheng Da Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600739) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Trade Distributors) | 3.0% |
| Analyst forecast (600739) (up to 3 years) | n/a |
Notable Dividend: 600739's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 600739's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.7%), 600739's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600739 is paying a dividend but the company has no free cash flows.