Panda Dairy Dividend
Dividend criteria checks 4/6
Panda Dairy is a dividend paying company with a current yield of 2.3% that is well covered by earnings.
Key information
2.3%
Dividend yield
56%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Earnings per share | CN¥0.88 |
| Dividend yield forecast | n/a |
Recent dividend updates
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 3 years.
Dividend Yield vs Market
| Panda Dairy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300898) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (300898) (up to 3 years) | n/a |
Notable Dividend: 300898's dividend (2.3%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300898's dividend (2.3%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), 300898's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.7%), 300898's dividend payments are well covered by cash flows.