Baimtec MaterialLtd Dividend
Dividend criteria checks 2/6
Baimtec MaterialLtd is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
33%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.477 |
| Earnings per share | CN¥1.34 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688563's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688563's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Baimtec MaterialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688563) | 1.0% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (688563) | 0.7% |
Notable Dividend: 688563's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 688563's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 688563's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (220.4%), 688563's dividend payments are not well covered by cash flows.