Sichuan Teway Food GroupLtd Dividend
Dividend criteria checks 4/6
Sichuan Teway Food GroupLtd is a dividend paying company with a current yield of 3.99% that is well covered by earnings.
Key information
4.0%
Dividend yield
83%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
Earnings per share | CN¥0.48 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603317 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603317's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Sichuan Teway Food GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603317) | 4.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Food) | 2.7% |
Analyst forecast in 3 Years (603317) | 3.9% |
Notable Dividend: 603317's dividend (3.99%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603317's dividend (3.99%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.3%), 603317's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.1%), 603317's dividend payments are covered by cash flows.