Norsyn Crop Technology Dividend
Dividend criteria checks 3/6
Norsyn Crop Technology is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
29%
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¥0.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001231's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001231's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Norsyn Crop Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1231) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (1231) | n/a |
Notable Dividend: 001231's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 001231's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 001231's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.7%), 001231's dividend payments are covered by cash flows.