Tianjin You Fa Steel Pipe Group Stock Dividend
Dividend criteria checks 3/6
Tianjin You Fa Steel Pipe Group Stock is a dividend paying company with a current yield of 5.32%.
Key information
5.3%
Dividend yield
123%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.25 |
| Dividend yield forecast | 6.4% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601686 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601686 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Tianjin You Fa Steel Pipe Group Stock Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601686) | 5.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.4% |
| Analyst forecast (601686) (up to 3 years) | 6.4% |
Notable Dividend: 601686's dividend (5.32%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601686's dividend (5.32%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (123.1%), 601686's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.3%), 601686's dividend payments are well covered by cash flows.