Fangda Special Steel Technology Dividend
Dividend criteria checks 5/6
Fangda Special Steel Technology is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
36%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.28 |
Dividend yield forecast in 3Y | 11.3% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600507's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600507's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Fangda Special Steel Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600507) | 2.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (600507) | 11.3% |
Notable Dividend: 600507's dividend (2.4%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600507's dividend (2.4%) is in the top 25% of dividend payers in the CN market (2.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36%), 600507's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), 600507's dividend payments are thoroughly covered by cash flows.