Cowealth Medical ChinaLtd Dividend
Dividend criteria checks 2/6
Cowealth Medical ChinaLtd is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
49%
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¥0.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603122 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603122 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Cowealth Medical ChinaLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603122) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Healthcare) | 1.7% |
Analyst forecast in 3 Years (603122) | n/a |
Notable Dividend: 603122's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603122's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 603122's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1219.4%), 603122's dividend payments are not well covered by cash flows.