Anjoy Foods Group Dividend
Dividend criteria checks 3/6
Anjoy Foods Group is a dividend paying company with a current yield of 2.74% that is well covered by earnings.
Key information
2.7%
Dividend yield
48%
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¥5.32 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603345 has been paying a dividend for less than 10 years.
Growing Dividend: 603345's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Anjoy Foods Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603345) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Food) | 2.2% |
| Analyst forecast in 3 Years (603345) | 3.9% |
Notable Dividend: 603345's dividend (2.74%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603345's dividend (2.74%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.7%), 603345's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (110.8%), 603345's dividend payments are not well covered by cash flows.