Dongguan Golden Sun AbrasivesLtd Dividend
Dividend criteria checks 2/6
Dongguan Golden Sun AbrasivesLtd is a dividend paying company with a current yield of 0.87% that is well covered by earnings.
Key information
0.9%
Dividend yield
36%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.150 |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300606 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300606's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Dongguan Golden Sun AbrasivesLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300606) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Forestry) | 2.5% |
Analyst forecast in 3 Years (300606) | n/a |
Notable Dividend: 300606's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 300606's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), 300606's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300606 is paying a dividend but the company has no free cash flows.