Angel Yeast Dividend
Dividend criteria checks 4/6
Angel Yeast is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.7%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.44 |
| Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600298's dividends per share have been stable in the past 10 years.
Growing Dividend: 600298's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Angel Yeast Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600298) | 1.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Food) | 2.0% |
| Analyst forecast in 3 Years (600298) | 2.2% |
Notable Dividend: 600298's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 600298's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), 600298's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600298 is paying a dividend but the company has no free cash flows.