Canmax Technologies is a dividend paying company with a current yield of 4.82% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 31st May, 2024.
Key information
4.8%
Dividend yield
50%
Payout ratio
Industry average yield
1.9%
Next dividend pay date
31 May 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
CN¥2.00
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300390 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300390's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Canmax Technologies Dividend Yield vs Market
How does 300390 dividend yield compare to the market?
Segment
Dividend Yield
Company (300390)
4.8%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.3%
Industry Average (Chemicals)
1.9%
Analyst forecast in 3 Years (300390)
n/a
Notable Dividend: 300390's dividend (4.82%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300390's dividend (4.82%) is in the top 25% of dividend payers in the CN market (2.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.3%), 300390's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), 300390's dividend payments are well covered by cash flows.