Shanxi Lanhua Sci-Tech VentureLtd Dividend
Dividend criteria checks 5/6
Shanxi Lanhua Sci-Tech VentureLtd is a dividend paying company with a current yield of 8.31% that is well covered by earnings.
Key information
8.3%
Dividend yield
76%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.98 |
| Dividend yield forecast in 3Y | 8.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600123's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600123's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanxi Lanhua Sci-Tech VentureLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600123) | 8.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Oil and Gas) | 7.0% |
| Analyst forecast in 3 Years (600123) | 8.9% |
Notable Dividend: 600123's dividend (8.31%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600123's dividend (8.31%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.3%), 600123's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.2%), 600123's dividend payments are covered by cash flows.