Jiangsu Asia-Pacific Light Alloy Technology Dividend
Dividend criteria checks 3/6
Jiangsu Asia-Pacific Light Alloy Technology is a dividend paying company with a current yield of 12.1%.
Key information
12.1%
Dividend yield
102%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.47 |
Dividend yield forecast in 3Y | 13.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002540's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002540's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jiangsu Asia-Pacific Light Alloy Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2540) | 12.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Metals and Mining) | 2.4% |
Analyst forecast in 3 Years (2540) | 13.8% |
Notable Dividend: 002540's dividend (12.1%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002540's dividend (12.1%) is in the top 25% of dividend payers in the CN market (2.4%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102%), 002540's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2137.1%), 002540's dividend payments are not well covered by cash flows.