Bright Dairy & FoodLtd Dividend
Dividend criteria checks 3/6
Bright Dairy & FoodLtd is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
36%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.23 |
Dividend yield forecast in 3Y | 12.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600597's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600597's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Bright Dairy & FoodLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600597) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (600597) | 12.1% |
Notable Dividend: 600597's dividend (0.89%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600597's dividend (0.89%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 600597's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.2%), 600597's dividend payments are covered by cash flows.