Limin GroupLtd Dividend
Dividend criteria checks 3/6
Limin GroupLtd is a dividend paying company with a current yield of 3.85%.
Key information
3.8%
Dividend yield
337%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.10 |
| Dividend yield forecast | 3.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002734 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002734's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Limin GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002734) | 3.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Chemicals) | 1.8% |
| Analyst forecast (002734) (up to 3 years) | 3.8% |
Notable Dividend: 002734's dividend (3.85%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002734's dividend (3.85%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (337.5%), 002734's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.2%), 002734's dividend payments are covered by cash flows.