Anjoy Foods Group Dividend
Dividend criteria checks 3/6
Anjoy Foods Group is a dividend paying company with a current yield of 3.61% that is well covered by earnings.
Key information
3.6%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥2.530 |
| Earnings per share | CN¥5.29 |
| Dividend yield forecast | 4.5% |
Recent dividend updates
No updates
Recent updates
Anjoy Foods Group (SHSE:603345) Could Easily Take On More Debt
Aug 07
The Returns At Anjoy Foods Group (SHSE:603345) Aren't Growing
Jul 15Benign Growth For Anjoy Foods Group Co., Ltd. (SHSE:603345) Underpins Its Share Price
Jun 27Calculating The Fair Value Of Anjoy Foods Group Co., Ltd. (SHSE:603345)
May 21The Returns At Anjoy Foods Group (SHSE:603345) Aren't Growing
Mar 01Stability 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) | 3.6% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Food) | 2.8% |
| Analyst forecast (603345) (up to 3 years) | 4.5% |
Notable Dividend: 603345's dividend (3.61%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 603345's dividend (3.61%) is in the top 25% of dividend payers in the CN market (2.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.8%), 603345's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.4%), 603345's dividend payments are not well covered by cash flows.