Panda Dairy Corporation

SZSE:300898 Stock Report

Market Cap: CN¥2.6b

Panda Dairy Dividends and Buybacks

Dividend criteria checks 4/6

Panda Dairy is a dividend paying company with a current yield of 2.38% that is well covered by earnings.

Key information

2.4%

Dividend yield

0.5%

Buyback Yield

Total Shareholder Yield2.9%
Future Dividend Yieldn/a
Dividend Growth48.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.500
Payout ratio59%

Recent dividend and buyback updates

Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

May 24
Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

Recent updates

Panda Dairy Corporation (SZSE:300898) Surges 31% Yet Its Low P/E Is No Reason For Excitement

Oct 13
Panda Dairy Corporation (SZSE:300898) Surges 31% Yet Its Low P/E Is No Reason For Excitement

We Think Panda Dairy's (SZSE:300898) Solid Earnings Are Understated

Aug 22
We Think Panda Dairy's (SZSE:300898) Solid Earnings Are Understated

Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

May 24
Panda Dairy (SZSE:300898) Is Increasing Its Dividend To CN¥0.50

Panda Dairy (SZSE:300898) Might Be Having Difficulty Using Its Capital Effectively

Apr 16
Panda Dairy (SZSE:300898) Might Be Having Difficulty Using Its Capital Effectively

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 300898 has been paying a dividend for less than 10 years.

Growing Dividend: 300898's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Panda Dairy Dividend Yield vs Market
How does 300898 dividend yield compare to the market?
SegmentDividend Yield
Company (300898)2.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Food)2.2%
Analyst forecast (300898) (up to 3 years)n/a

Notable Dividend: 300898's dividend (2.38%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).

High Dividend: 300898's dividend (2.38%) is in the top 25% of dividend payers in the CN market (2.08%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.6%), 300898's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32%), 300898's dividend payments are well covered by cash flows.


Discover strong dividend paying companies