Opple LightingLTD Dividend
Dividend criteria checks 4/6
Opple LightingLTD is a dividend paying company with a current yield of 2.75% that is well covered by earnings.
Key information
2.7%
Dividend yield
40%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.29 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603515 has been paying a dividend for less than 10 years.
Growing Dividend: 603515's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Opple LightingLTD Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603515) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Household Products) | 2.1% |
| Analyst forecast in 3 Years (603515) | 4.4% |
Notable Dividend: 603515's dividend (2.75%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603515's dividend (2.75%) is in the top 25% of dividend payers in the CN market (2.36%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 603515's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.5%), 603515's dividend payments are well covered by cash flows.