Sinosteel Luonai Materials Technology Dividend
Dividend criteria checks 1/6
Sinosteel Luonai Materials Technology is a dividend paying company with a current yield of 0.82%.
Key information
0.8%
Dividend yield
-783%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.032 |
| Earnings per share | -CN¥0.0041 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688119's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688119's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sinosteel Luonai Materials Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688119) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Basic Materials) | 2.8% |
| Analyst forecast (688119) (up to 3 years) | n/a |
Notable Dividend: 688119's dividend (0.82%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688119's dividend (0.82%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: 688119 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 688119 is paying a dividend but the company has no free cash flows.