Suzhou Alton Electrical & Mechanical Industry Dividend
Dividend criteria checks 3/6
Suzhou Alton Electrical & Mechanical Industry is a dividend paying company with a current yield of 4.02% that is well covered by earnings.
Key information
4.0%
Dividend yield
72%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.10 |
Dividend yield forecast in 3Y | 5.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301187 has been paying a dividend for less than 10 years.
Growing Dividend: 301187's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Suzhou Alton Electrical & Mechanical Industry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301187) | 4.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Consumer Durables) | 3.4% |
Analyst forecast in 3 Years (301187) | 5.8% |
Notable Dividend: 301187's dividend (4.02%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301187's dividend (4.02%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.9%), 301187's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (6915.4%), 301187's dividend payments are not well covered by cash flows.