Fujian Sunner Development Dividend
Dividend criteria checks 3/6
Fujian Sunner Development is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
72%
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¥0.41 |
Dividend yield forecast in 3Y | 3.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002299 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002299 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Fujian Sunner Development Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2299) | 1.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.1% |
Analyst forecast in 3 Years (2299) | 3.3% |
Notable Dividend: 002299's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002299's dividend (1.92%) 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 (72.4%), 002299's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.8%), 002299's dividend payments are covered by cash flows.