Zhongjing Food Dividend
Dividend criteria checks 2/6
Zhongjing Food is a dividend paying company with a current yield of 2.21% that is well covered by earnings.
Key information
2.2%
Dividend yield
54%
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¥1.26 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300908 has been paying a dividend for less than 10 years.
Growing Dividend: 300908's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Zhongjing Food Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300908) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (300908) | 0% |
Notable Dividend: 300908's dividend (2.21%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 300908's dividend (2.21%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.4%), 300908's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (224.4%), 300908's dividend payments are not well covered by cash flows.