Ligao FoodsLtd Dividends and Buybacks
Dividend criteria checks 1/6
Ligao FoodsLtd is a dividend paying company with a current yield of 0.51% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
0.5%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 4.5% |
| Dividend Growth | 13.6% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 02 Dec 24 |
| Dividend per share | CN¥0.200 |
| Payout ratio | 72% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300973 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300973 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Ligao FoodsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300973) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.2% |
| Analyst forecast (300973) (up to 3 years) | 4.5% |
Notable Dividend: 300973's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300973's dividend (0.51%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.6%), 300973's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300973 is paying a dividend but the company has no free cash flows.