Dirui IndustrialLtd Dividend
Dividend criteria checks 2/6
Dirui IndustrialLtd is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
43%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.17 |
| Dividend yield forecast in 3Y | 2.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300396 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300396's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Dirui IndustrialLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300396) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast in 3 Years (300396) | 2.3% |
Notable Dividend: 300396's dividend (1.92%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300396's dividend (1.92%) 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 (42.7%), 300396's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (901%), 300396's dividend payments are not well covered by cash flows.