Daodaoquan Grain and OilLtd Dividend
Dividend criteria checks 2/6
Daodaoquan Grain and OilLtd is a dividend paying company with a current yield of 1.69%.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 8.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.134 |
| Payout ratio | 1,199% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002852 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002852 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Daodaoquan Grain and OilLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002852) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (002852) (up to 3 years) | n/a |
Notable Dividend: 002852's dividend (1.69%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 002852's dividend (1.69%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1199%), 002852's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (1.3%), 002852's dividend payments are thoroughly covered by cash flows.