Fujian Nanwang Environment Protection Scien-TechLtd Dividend
Dividend criteria checks 3/6
Fujian Nanwang Environment Protection Scien-TechLtd is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
33%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Earnings per share | CN¥0.31 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301355's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301355's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Fujian Nanwang Environment Protection Scien-TechLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301355) | 3.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Packaging) | 2.6% |
| Analyst forecast (301355) (up to 3 years) | n/a |
Notable Dividend: 301355's dividend (3.33%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301355's dividend (3.33%) is in the top 25% of dividend payers in the CN market (2.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), 301355's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301355 is paying a dividend but the company has no free cash flows.