Andon Health Dividend
Dividend criteria checks 3/6
Andon Health is a dividend paying company with a current yield of 0.72% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 4th June, 2024.
Key information
0.7%
Dividend yield
15%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 04 Jun 24 |
| Ex dividend date | 04 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥1.94 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Is Andon Health (SZSE:002432) Using Too Much Debt?
May 29
Andon Health's (SZSE:002432) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 08Andon Health Co., Ltd. (SZSE:002432) Stock Rockets 28% But Many Are Still Ignoring The Company
Mar 22Andon Health's (SZSE:002432) Returns On Capital Are Heading Higher
Mar 19A Look At The Fair Value Of Andon Health Co., Ltd. (SZSE:002432)
Mar 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002432 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002432's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Andon Health Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2432) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Medical Equipment) | 1.5% |
| Analyst forecast in 3 Years (2432) | 0.7% |
Notable Dividend: 002432's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002432's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.6%), 002432's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.5%), 002432's dividend payments are thoroughly covered by cash flows.