Daodaoquan Grain and Oil Co.,Ltd.

SZSE:002852 Stock Report

Market Cap: CN¥2.7b

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

1,199%

Payout ratio

Industry average yield2.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.134
Earnings per shareCN¥0.0057
Future Dividend Yieldn/a

Recent dividend updates

Recent updates

Daodaoquan Grain and OilLtd's (SZSE:002852) Solid Earnings Have Been Accounted For Conservatively

May 03
Daodaoquan Grain and OilLtd's (SZSE:002852) Solid Earnings Have Been Accounted For Conservatively

Revenues Working Against Daodaoquan Grain and Oil Co.,Ltd.'s (SZSE:002852) Share Price

Apr 15
Revenues Working Against Daodaoquan Grain and Oil Co.,Ltd.'s (SZSE:002852) Share Price

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
How does 002852 dividend yield compare to the market?
SegmentDividend 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.


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