Daodaoquan Grain and OilLtd Dividend
Dividend criteria checks 3/6
Daodaoquan Grain and OilLtd is a dividend paying company with a current yield of 2.55%.
Key information
2.5%
Dividend yield
180%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.12 |
Dividend yield forecast in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (2852) | 2.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (2852) | n/a |
Notable Dividend: 002852's dividend (2.55%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002852's dividend (2.55%) is in the top 25% of dividend payers in the CN market (2.29%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (180%), 002852's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2%), 002852's dividend payments are thoroughly covered by cash flows.