Nanjing Medlander Medical TechnologyLtd Dividend
Dividend criteria checks 3/6
Nanjing Medlander Medical TechnologyLtd is a dividend paying company with a current yield of 3.08% that is well covered by earnings.
Key information
3.1%
Dividend yield
64%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥0.95 |
| Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688273 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688273 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Nanjing Medlander Medical TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688273) | 3.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast in 3 Years (688273) | 3.1% |
Notable Dividend: 688273's dividend (3.08%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 688273's dividend (3.08%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), 688273's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688273 is paying a dividend but the company has no free cash flows.