Daoming Optics&ChemicalLtd Dividend
Dividend criteria checks 4/6
Daoming Optics&ChemicalLtd is a dividend paying company with a current yield of 5.87% that is well covered by earnings.
Key information
5.9%
Dividend yield
85%
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¥0.27 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002632's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002632's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Daoming Optics&ChemicalLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2632) | 5.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Chemicals) | 1.9% |
Analyst forecast in 3 Years (2632) | n/a |
Notable Dividend: 002632's dividend (5.87%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002632's dividend (5.87%) is in the top 25% of dividend payers in the CN market (2.26%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.8%), 002632's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (154.8%), 002632's dividend payments are not well covered by cash flows.