L&K Engineering (Suzhou)Ltd Dividend
Dividend criteria checks 4/6
L&K Engineering (Suzhou)Ltd is a dividend paying company with a current yield of 4% that is well covered by earnings.
Key information
4.0%
Dividend yield
48%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Earnings per share | CN¥2.11 |
| Dividend yield forecast | 8.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603929 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603929's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| L&K Engineering (Suzhou)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603929) | 4.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 2.8% |
| Analyst forecast (603929) (up to 3 years) | 8.0% |
Notable Dividend: 603929's dividend (4%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603929's dividend (4%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), 603929's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), 603929's dividend payments are well covered by cash flows.