Doctorglasses ChainLtd Dividend
Dividend criteria checks 3/6
Doctorglasses ChainLtd is a dividend paying company with a current yield of 4.64%. Next payment date is on 27th June, 2024 with an ex-dividend date of 27th June, 2024.
Key information
4.6%
Dividend yield
91%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 27 Jun 24 |
Ex dividend date | 27 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.66 |
Dividend yield forecast in 3Y | 7.9% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300622 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300622's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Doctorglasses ChainLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300622) | 4.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (300622) | 7.9% |
Notable Dividend: 300622's dividend (4.64%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 300622's dividend (4.64%) is in the top 25% of dividend payers in the CN market (2.47%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.9%), 300622's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.8%), 300622's dividend payments are well covered by cash flows.