Fujian Septwolves Industry Dividend
Dividend criteria checks 4/6
Fujian Septwolves Industry is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
Dividend yield
30%
Payout ratio
Industry average yield | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.120 |
Earnings per share | CN¥0.41 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002029's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002029's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fujian Septwolves Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002029) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Luxury) | 3.6% |
Analyst forecast in 3 Years (002029) | 2.0% |
Notable Dividend: 002029's dividend (2.35%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 002029's dividend (2.35%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.9%), 002029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.3%), 002029's dividend payments are well covered by cash flows.