Panda Dairy Dividend
Dividend criteria checks 4/6
Panda Dairy is a dividend paying company with a current yield of 3.07% that is well covered by earnings.
Key information
3.1%
Dividend yield
56%
Payout ratio
Industry average yield | 2.7% |
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 in 3Y | n/a |
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 |
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Segment | Dividend Yield |
---|---|
Company (300898) | 3.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Food) | 2.7% |
Analyst forecast in 3 Years (300898) | n/a |
Notable Dividend: 300898's dividend (3.07%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300898's dividend (3.07%) is in the top 25% of dividend payers in the CN market (2.62%)
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.