Anhui Korrun Dividend
Dividend criteria checks 2/6
Anhui Korrun is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
8%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.094 |
| Earnings per share | CN¥1.21 |
| Dividend yield forecast | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300577 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300577 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Anhui Korrun Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300577) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (300577) (up to 3 years) | 2.2% |
Notable Dividend: 300577's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300577's dividend (0.38%) 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 (7.8%), 300577's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.3%), 300577's dividend payments are well covered by cash flows.