Mayinglong Pharmaceutical Group Co., Ltd.

SHSE:600993 Stock Report

Market Cap: CN¥11.0b

Mayinglong Pharmaceutical Group Dividend

Dividend criteria checks 4/6

Mayinglong Pharmaceutical Group is a dividend paying company with a current yield of 1.56% that is well covered by earnings.

Key information

1.6%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth8.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Payout ratio36%

Recent dividend updates

Recent updates

Estimating The Intrinsic Value Of Mayinglong Pharmaceutical Group Co., Ltd. (SHSE:600993)

Oct 01
Estimating The Intrinsic Value Of Mayinglong Pharmaceutical Group Co., Ltd. (SHSE:600993)

What Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) P/E Is Not Telling You

Aug 19
What Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) P/E Is Not Telling You

Mayinglong Pharmaceutical Group's (SHSE:600993) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 24
Mayinglong Pharmaceutical Group's (SHSE:600993) Shareholders Will Receive A Bigger Dividend Than Last Year

Mayinglong Pharmaceutical Group (SHSE:600993) Has A Rock Solid Balance Sheet

Jun 19
Mayinglong Pharmaceutical Group (SHSE:600993) Has A Rock Solid Balance Sheet

Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) Price Is Right But Growth Is Lacking After Shares Rocket 26%

May 07
Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Investors Don't See Light At End Of Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) Tunnel

Mar 22
Investors Don't See Light At End Of Mayinglong Pharmaceutical Group Co., Ltd.'s (SHSE:600993) Tunnel

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600993's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600993's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Mayinglong Pharmaceutical Group Dividend Yield vs Market
How does 600993 dividend yield compare to the market?
SegmentDividend Yield
Company (600993)1.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Pharmaceuticals)1.7%
Analyst forecast (600993) (up to 3 years)n/a

Notable Dividend: 600993's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).

High Dividend: 600993's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.22%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.7%), 600993's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), 600993's dividend payments are well covered by cash flows.


Discover strong dividend paying companies