Springsnow Food Group Dividend
Dividend criteria checks 2/6
Springsnow Food Group is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
58%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605567 has been paying a dividend for less than 10 years.
Growing Dividend: 605567's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Springsnow Food Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (605567) | 1.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.1% |
Analyst forecast in 3 Years (605567) | 1.7% |
Notable Dividend: 605567's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605567's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), 605567's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 605567's cash payout ratio to determine if its dividend payments are covered by cash flows.