Shanghai Menon Animal Nutrition Technology Dividend
Dividend criteria checks 3/6
Shanghai Menon Animal Nutrition Technology is a dividend paying company with a current yield of 3.41%.
Key information
3.4%
Dividend yield
98%
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¥0.57 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301156's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301156's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shanghai Menon Animal Nutrition Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301156) | 3.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Food) | 2.2% |
Analyst forecast in 3 Years (301156) | n/a |
Notable Dividend: 301156's dividend (3.41%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301156's dividend (3.41%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.6%), 301156's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.4%), 301156's dividend payments are covered by cash flows.