Jianmin Pharmaceutical GroupLtd Dividend
Dividend criteria checks 4/6
Jianmin Pharmaceutical GroupLtd is a dividend paying company with a current yield of 2.12% that is well covered by earnings.
Key information
2.1%
Dividend yield
35%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.43 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600976's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600976's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Jianmin Pharmaceutical GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600976) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Pharmaceuticals) | 1.8% |
Analyst forecast in 3 Years (600976) | 3.4% |
Notable Dividend: 600976's dividend (2.12%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600976's dividend (2.12%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 600976's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.4%), 600976's dividend payments are covered by cash flows.