CoCreation Grass Dividend
Dividend criteria checks 4/6
CoCreation Grass is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
44%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.540 |
| Earnings per share | CN¥1.22 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605099 has been paying a dividend for less than 10 years.
Growing Dividend: 605099's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| CoCreation Grass Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605099) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Leisure) | 1.9% |
| Analyst forecast (605099) (up to 3 years) | 4.0% |
Notable Dividend: 605099's dividend (2.49%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 605099's dividend (2.49%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.3%), 605099's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.5%), 605099's dividend payments are covered by cash flows.