Qianhe Condiment and Food Dividend
Dividend criteria checks 2/6
Qianhe Condiment and Food is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
55%
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¥0.53 |
| Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
No updates
Recent updates
Qianhe Condiment and Food Co., Ltd. Just Missed EPS By 5.8%: Here's What Analysts Think Will Happen Next
May 02
Qianhe Condiment and Food (SHSE:603027) Might Have The Makings Of A Multi-Bagger
Apr 22Qianhe Condiment and Food Co., Ltd.'s (SHSE:603027) Share Price Not Quite Adding Up
Apr 03A Look At The Fair Value Of Qianhe Condiment and Food Co., Ltd. (SHSE:603027)
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603027 has been paying a dividend for less than 10 years.
Growing Dividend: 603027's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Qianhe Condiment and Food Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603027) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Food) | 2.2% |
| Analyst forecast in 3 Years (603027) | 2.2% |
Notable Dividend: 603027's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603027's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.5%), 603027's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.8%), 603027's dividend payments are not well covered by cash flows.