China National Medicines Dividend
Dividend criteria checks 4/6
China National Medicines is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.854 |
| Earnings per share | CN¥2.90 |
| Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Returns On Capital At China National Medicines (SHSE:600511) Paint A Concerning Picture
Jul 28
China National Medicines Corporation Ltd.'s (SHSE:600511) Low P/E No Reason For Excitement
Jun 24China National Medicines (SHSE:600511) Has Announced That It Will Be Increasing Its Dividend To CN¥0.854
Jun 07Is China National Medicines (SHSE:600511) Using Too Much Debt?
Jun 05Calculating The Fair Value Of China National Medicines Corporation Ltd. (SHSE:600511)
May 21Capital Allocation Trends At China National Medicines (SHSE:600511) Aren't Ideal
Apr 10China National Medicines (SHSE:600511) Could Easily Take On More Debt
Feb 28Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600511) | 2.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Healthcare) | 1.9% |
| Analyst forecast in 3 Years (600511) | 3.3% |
Notable Dividend: 600511's dividend (2.53%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600511's dividend (2.53%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
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.