Ningbo David Medical Device Dividend
Dividend criteria checks 2/6
Ningbo David Medical Device is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
38%
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¥0.47 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300314's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300314's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Ningbo David Medical Device Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300314) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast in 3 Years (300314) | n/a |
Notable Dividend: 300314's dividend (1.63%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 300314's dividend (1.63%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 300314's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (118.6%), 300314's dividend payments are not well covered by cash flows.