Shanghai Hi-Road Food Technology Dividend
Dividend criteria checks 2/6
Shanghai Hi-Road Food Technology is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
35%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.13 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300915 has been paying a dividend for less than 10 years.
Growing Dividend: 300915 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Shanghai Hi-Road Food Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300915) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Food) | 2.1% |
| Analyst forecast in 3 Years (300915) | n/a |
Notable Dividend: 300915's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300915's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.3%), 300915's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300915 is paying a dividend but the company has no free cash flows.