Nanfang Black Sesame GroupLtd Dividend
Dividend criteria checks 3/6
Nanfang Black Sesame GroupLtd is a dividend paying company with a current yield of 1.37%. Next payment date is on 22nd August, 2024 with an ex-dividend date of 22nd August, 2024.
Key information
1.4%
Dividend yield
105%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | 22 Aug 24 |
| Ex dividend date | 22 Aug 24 |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.048 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000716's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000716's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nanfang Black Sesame GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000716) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Food) | 2.7% |
| Analyst forecast in 3 Years (000716) | n/a |
Notable Dividend: 000716's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000716's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (105.5%), 000716's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.9%), 000716's dividend payments are covered by cash flows.