China National Medicines Dividend
Dividend criteria checks 5/6
China National Medicines is a dividend paying company with a current yield of 2.46% that is well covered by earnings.
Key information
2.5%
Dividend yield
29%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.90 |
Dividend yield forecast in 3Y | 3.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600511's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600511's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China National Medicines Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600511) | 2.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Healthcare) | 1.7% |
Analyst forecast in 3 Years (600511) | 3.2% |
Notable Dividend: 600511's dividend (2.46%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600511's dividend (2.46%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.4%), 600511's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.1%), 600511's dividend payments are well covered by cash flows.