New Hope Dairy Dividend
Dividend criteria checks 3/6
New Hope Dairy is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
28%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.150 |
Earnings per share | CN¥0.53 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Does New Hope Dairy (SZSE:002946) Have A Healthy Balance Sheet?
Jul 03New Hope Dairy Co., Ltd.'s (SZSE:002946) Earnings Are Not Doing Enough For Some Investors
Jun 11New Hope Dairy's (SZSE:002946) Solid Earnings Are Supported By Other Strong Factors
May 02The Returns At New Hope Dairy (SZSE:002946) Aren't Growing
Mar 17These 4 Measures Indicate That New Hope Dairy (SZSE:002946) Is Using Debt Reasonably Well
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002946 has been paying a dividend for less than 10 years.
Growing Dividend: 002946's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
New Hope Dairy Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002946) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Food) | 2.6% |
Analyst forecast in 3 Years (002946) | 3.4% |
Notable Dividend: 002946's dividend (1.78%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002946's dividend (1.78%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 002946's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.1%), 002946's dividend payments are well covered by cash flows.