Luyang Energy-Saving Materials Dividend
Dividend criteria checks 4/6
Luyang Energy-Saving Materials is a dividend paying company with a current yield of 7.19% that is well covered by earnings.
Key information
7.2%
Dividend yield
83%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.800 |
Earnings per share | CN¥0.95 |
Dividend yield forecast in 3Y | 10.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002088's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002088's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Luyang Energy-Saving Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002088) | 7.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (002088) | 10.6% |
Notable Dividend: 002088's dividend (7.19%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002088's dividend (7.19%) is in the top 25% of dividend payers in the CN market (2.61%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.4%), 002088's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (127.3%), 002088's dividend payments are not well covered by cash flows.