Doctorglasses ChainLtd Dividend
Dividend criteria checks 2/6
Doctorglasses ChainLtd is a dividend paying company with a current yield of 2.15%.
Key information
2.2%
Dividend yield
91%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Earnings per share | CN¥0.66 |
| Dividend yield forecast in 3Y | 3.7% |
Recent dividend updates
Recent updates
Investors Appear Satisfied With Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Prospects As Shares Rocket 38%
Jul 30
Solid Earnings Reflect Doctorglasses ChainLtd's (SZSE:300622) Strength As A Business
Apr 09Doctorglasses Chain Co.,Ltd.'s (SZSE:300622) Shares Bounce 28% But Its Business Still Trails The Market
Mar 07Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300622) | 2.2% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Medical Equipment) | 1.8% |
| Analyst forecast in 3 Years (300622) | 3.7% |
Notable Dividend: 300622's dividend (2.15%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 300622's dividend (2.15%) is low compared to the top 25% of dividend payers in the CN market (2.76%).
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.