Hangzhou Tianyuan Pet Products Dividend
Dividend criteria checks 3/6
Hangzhou Tianyuan Pet Products is a dividend paying company with a current yield of 2.16% that is well covered by earnings.
Key information
2.2%
Dividend yield
57%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.350 |
Earnings per share | CN¥0.62 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301335's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301335's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Hangzhou Tianyuan Pet Products Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301335) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Household Products) | 3.4% |
Analyst forecast in 3 Years (301335) | 4.2% |
Notable Dividend: 301335's dividend (2.16%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 301335's dividend (2.16%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.5%), 301335's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), 301335's dividend payments are thoroughly covered by cash flows.