Ligao FoodsLtd Dividend
Dividend criteria checks 1/6
Ligao FoodsLtd is a dividend paying company with a current yield of 1.4%.
Key information
1.4%
Dividend yield
116%
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¥0.59 |
Dividend yield forecast in 3Y | 6.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300973 has been paying a dividend for less than 10 years.
Growing Dividend: 300973 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
Ligao FoodsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300973) | 1.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (300973) | 6.2% |
Notable Dividend: 300973's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300973's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116%), 300973's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300973 is paying a dividend but the company has no free cash flows.