Anjoy Foods Group Dividends and Buybacks
Dividend criteria checks 4/6
Anjoy Foods Group is a dividend paying company with a current yield of 3.81% that is well covered by earnings.
Key information
3.8%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 22.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥3.155 |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603345 has been paying a dividend for less than 10 years.
Growing Dividend: 603345's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Anjoy Foods Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603345) | 3.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (603345) (up to 3 years) | 3.6% |
Notable Dividend: 603345's dividend (3.81%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603345's dividend (3.81%) is in the top 25% of dividend payers in the CN market (2.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), 603345's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (83.2%), 603345's dividend payments are covered by cash flows.