Cofoe Medical TechnologyLtd is a dividend paying company with a current yield of 3%. Next payment date is on 11th October, 2024 with an ex-dividend date of 11th October, 2024.
Key information
3.0%
Dividend yield
152%
Payout ratio
Industry average yield
1.4%
Next dividend pay date
11 Oct 24
Ex dividend date
11 Oct 24
Dividend per share
CN¥1.200
Earnings per share
CN¥1.16
Dividend yield forecast
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301087 has been paying a dividend for less than 10 years.
Growing Dividend: 301087 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Cofoe Medical TechnologyLtd Dividend Yield vs Market
How does 301087 dividend yield compare to the market?
Segment
Dividend Yield
Company (301087)
3.0%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.2%
Industry Average (Medical Equipment)
1.4%
Analyst forecast (301087) (up to 3 years)
n/a
Notable Dividend: 301087's dividend (3%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 301087's dividend (3%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (151.7%), 301087's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (245%), 301087's dividend payments are not well covered by cash flows.