EIT Environmental Development GroupLtd Dividend
Dividend criteria checks 2/6
EIT Environmental Development GroupLtd is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
15%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥1.33 |
| Dividend yield forecast | 1.4% |
Recent dividend updates
Recent updates
There's No Escaping EIT Environmental Development Group Co.,Ltd's (SZSE:300815) Muted Earnings
Jul 26
EIT Environmental Development GroupLtd's (SZSE:300815) Dividend Is Being Reduced To CN¥0.20
Jun 07EIT Environmental Development GroupLtd's (SZSE:300815) Profits Appear To Have Quality Issues
May 02Returns On Capital At EIT Environmental Development GroupLtd (SZSE:300815) Paint A Concerning Picture
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300815 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300815's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| EIT Environmental Development GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300815) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Commercial Services) | 1.6% |
| Analyst forecast (300815) (up to 3 years) | 1.4% |
Notable Dividend: 300815's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300815's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15%), 300815's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300815 is paying a dividend but the company has no free cash flows.