Qifeng New Material Dividend
Dividend criteria checks 3/6
Qifeng New Material is a dividend paying company with a current yield of 1.45% that is well covered by earnings.
Key information
1.5%
Dividend yield
34%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002521's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002521's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Qifeng New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2521) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Forestry) | 2.0% |
| Analyst forecast in 3 Years (2521) | n/a |
Notable Dividend: 002521's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002521's dividend (1.45%) 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 (34.3%), 002521's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.4%), 002521's dividend payments are well covered by cash flows.