ShanDongDenghai SeedsLtd Dividend
Dividend criteria checks 2/6
ShanDongDenghai SeedsLtd is a dividend paying company with a current yield of 0.37% that is well covered by earnings.
Key information
0.4%
Dividend yield
12%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.29 |
Dividend yield forecast in 3Y | 0.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002041's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002041's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
ShanDongDenghai SeedsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2041) | 0.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (2041) | 0.9% |
Notable Dividend: 002041's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002041's dividend (0.37%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.4%), 002041's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.9%), 002041's dividend payments are covered by cash flows.