Yantai Shuangta Food Dividend
Dividend criteria checks 4/6
Yantai Shuangta Food is a dividend paying company with a current yield of 0.78% that is well covered by earnings.
Key information
0.8%
Dividend yield
17%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.16 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002481's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002481's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yantai Shuangta Food Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002481) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Food) | 2.6% |
| Analyst forecast in 3 Years (002481) | n/a |
Notable Dividend: 002481's dividend (0.78%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002481's dividend (0.78%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), 002481's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.3%), 002481's dividend payments are well covered by cash flows.