YouYou Foods Dividend
Dividend criteria checks 3/6
YouYou Foods is a dividend paying company with a current yield of 4.3%. Next payment date is on 6th September, 2024 with an ex-dividend date of 6th September, 2024.
Key information
4.3%
Dividend yield
96%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 06 Sep 24 |
| Ex dividend date | 06 Sep 24 |
| Dividend per share | CN¥0.250 |
| Earnings per share | CN¥0.26 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603697 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603697 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| YouYou Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603697) | 4.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Food) | 2.7% |
| Analyst forecast (603697) (up to 3 years) | n/a |
Notable Dividend: 603697's dividend (4.3%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 603697's dividend (4.3%) is in the top 25% of dividend payers in the CN market (2.68%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.1%), 603697's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.5%), 603697's dividend payments are covered by cash flows.