Sichuan Teway Food GroupLtd Dividend
Dividend criteria checks 4/6
Sichuan Teway Food GroupLtd is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
83%
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¥0.48 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603317 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603317's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Sichuan Teway Food GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603317) | 2.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Food) | 2.2% |
| Analyst forecast in 3 Years (603317) | 3.1% |
Notable Dividend: 603317's dividend (2.77%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603317's dividend (2.77%) is in the top 25% of dividend payers in the CN market (2.26%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.3%), 603317's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.2%), 603317's dividend payments are covered by cash flows.