Yantai Eddie Precision Machinery Dividend
Dividend criteria checks 2/6
Yantai Eddie Precision Machinery is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
34%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.120 |
Earnings per share | CN¥0.35 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603638 has been paying a dividend for less than 10 years.
Growing Dividend: 603638's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Yantai Eddie Precision Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603638) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603638) | 1.1% |
Notable Dividend: 603638's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603638's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 603638's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603638 is paying a dividend but the company has no free cash flows.