Penyao Environmental Protection Dividend
Dividend criteria checks 3/6
Penyao Environmental Protection is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
60%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300664 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300664's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Penyao Environmental Protection Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300664) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Commercial Services) | 1.6% |
| Analyst forecast (300664) (up to 3 years) | n/a |
Notable Dividend: 300664's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300664's dividend (2.38%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.3%), 300664's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300664 is paying a dividend but the company has no free cash flows.