Shenma IndustryLtd Dividend
Dividend criteria checks 2/6
Shenma IndustryLtd is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
80%
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¥0.17 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600810 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600810 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Shenma IndustryLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600810) | 1.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (600810) | 3.0% |
Notable Dividend: 600810's dividend (1.78%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600810's dividend (1.78%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.4%), 600810's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600810 is paying a dividend but the company has no free cash flows.