Shanghai M&G Stationery Dividend
Dividend criteria checks 4/6
Shanghai M&G Stationery is a dividend paying company with a current yield of 2.65% that is well covered by earnings.
Key information
2.7%
Dividend yield
47%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.800 |
Earnings per share | CN¥1.70 |
Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Shanghai M&G Stationery Inc. (SHSE:603899) Shares Could Be 46% Below Their Intrinsic Value Estimate
Aug 03Lacklustre Performance Is Driving Shanghai M&G Stationery Inc.'s (SHSE:603899) Low P/E
Jun 25Shanghai M&G Stationery (SHSE:603899) Has A Rock Solid Balance Sheet
Jun 07An Intrinsic Calculation For Shanghai M&G Stationery Inc. (SHSE:603899) Suggests It's 27% Undervalued
Apr 24Statutory Profit Doesn't Reflect How Good Shanghai M&G Stationery's (SHSE:603899) Earnings Are
Apr 05Earnings Working Against Shanghai M&G Stationery Inc.'s (SHSE:603899) Share Price
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603899 has been paying a dividend for less than 10 years.
Growing Dividend: 603899's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shanghai M&G Stationery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603899) | 2.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Commercial Services) | 1.7% |
Analyst forecast in 3 Years (603899) | 3.8% |
Notable Dividend: 603899's dividend (2.65%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603899's dividend (2.65%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.8%), 603899's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 603899's dividend payments are well covered by cash flows.