Henan Mingtai Al.IndustrialLtd Dividend
Dividend criteria checks 4/6
Henan Mingtai Al.IndustrialLtd is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
11%
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¥1.08 |
Dividend yield forecast in 3Y | 2.5% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601677's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601677's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Henan Mingtai Al.IndustrialLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601677) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (601677) | 2.5% |
Notable Dividend: 601677's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601677's dividend (1.26%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.3%), 601677's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.7%), 601677's dividend payments are well covered by cash flows.