Zhongyin Babi Food Dividends and Buybacks
Dividend criteria checks 4/6
Zhongyin Babi Food is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 38.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 39% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605338 has been paying a dividend for less than 10 years.
Growing Dividend: 605338's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhongyin Babi Food Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605338) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Food) | 2.3% |
| Analyst forecast (605338) (up to 3 years) | 2.0% |
Notable Dividend: 605338's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605338's dividend (2.44%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.7%), 605338's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.3%), 605338's dividend payments are covered by cash flows.