Nanjing Well Pharmaceutical GroupLtd Dividend
Dividend criteria checks 3/6
Nanjing Well Pharmaceutical GroupLtd is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
34%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.89 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603351 has been paying a dividend for less than 10 years.
Growing Dividend: 603351 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Nanjing Well Pharmaceutical GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603351) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (603351) | n/a |
Notable Dividend: 603351's dividend (1.24%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603351's dividend (1.24%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), 603351's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38%), 603351's dividend payments are well covered by cash flows.