Shandong Daye Dividend
Dividend criteria checks 1/6
Shandong Daye is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.20 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603278 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603278 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Daye Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603278) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast in 3 Years (603278) | n/a |
Notable Dividend: 603278's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603278's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.6%), 603278's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603278 is paying a dividend but the company has no free cash flows.