Shandong Bailong Chuangyuan Bio-Tech Dividend
Dividend criteria checks 2/6
Shandong Bailong Chuangyuan Bio-Tech is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
29%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.81 |
Dividend yield forecast in 3Y | 0.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605016 has been paying a dividend for less than 10 years.
Growing Dividend: 605016's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Shandong Bailong Chuangyuan Bio-Tech Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (605016) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Food) | 2.3% |
Analyst forecast in 3 Years (605016) | 0.1% |
Notable Dividend: 605016's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 605016's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 605016's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 605016 is paying a dividend but the company has no free cash flows.