Star Lake BioscienceZhaoqing Guangdong Dividend
Dividend criteria checks 4/6
Star Lake BioscienceZhaoqing Guangdong is a dividend paying company with a current yield of 6.71% that is well covered by earnings.
Key information
6.7%
Dividend yield
78%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.49 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 600866's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 600866's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Star Lake BioscienceZhaoqing Guangdong Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600866) | 6.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Food) | 2.1% |
| Analyst forecast in 3 Years (600866) | n/a |
Notable Dividend: 600866's dividend (6.71%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600866's dividend (6.71%) 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 (78%), 600866's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.4%), 600866's dividend payments are well covered by cash flows.