Do-Fluoride New Materials Dividend
Dividend criteria checks 3/6
Do-Fluoride New Materials is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
74%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.38 |
Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002407's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002407's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Do-Fluoride New Materials Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2407) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Chemicals) | 2.1% |
Analyst forecast in 3 Years (2407) | 4.3% |
Notable Dividend: 002407's dividend (2.17%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002407's dividend (2.17%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.8%), 002407's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002407 is paying a dividend but the company has no free cash flows.