China National Medicines Dividend
Dividend criteria checks 5/6
China National Medicines is a dividend paying company with a current yield of 2.89% that is well covered by earnings.
Key information
2.9%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.854 |
| Earnings per share | CN¥2.87 |
| Dividend yield forecast | 3.8% |
Recent dividend updates
Recent updates
Calculating The Fair Value Of China National Medicines Corporation Ltd. (SHSE:600511)
Sep 10
Returns On Capital At China National Medicines (SHSE:600511) Paint A Concerning Picture
Jul 28China 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) | 2.9% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Healthcare) | 2.1% |
| Analyst forecast (600511) (up to 3 years) | 3.8% |
Notable Dividend: 600511's dividend (2.89%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 600511's dividend (2.89%) is in the top 25% of dividend payers in the CN market (2.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), 600511's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.2%), 600511's dividend payments are well covered by cash flows.