AnHui Jinchun Nonwoven Dividend
Dividend criteria checks 2/6
AnHui Jinchun Nonwoven is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
59%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.090 |
| Earnings per share | CN¥0.19 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300877 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300877 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| AnHui Jinchun Nonwoven Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300877) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (300877) (up to 3 years) | n/a |
Notable Dividend: 300877's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300877's dividend (0.77%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), 300877's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (186.5%), 300877's dividend payments are not well covered by cash flows.