Northeast Pharmaceutical Group Dividend
Dividend criteria checks 3/6
Northeast Pharmaceutical Group is a dividend paying company with a current yield of 2.41% that is well covered by earnings.
Key information
2.4%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Earnings per share | CN¥0.27 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
It's A Story Of Risk Vs Reward With Northeast Pharmaceutical Group Co., Ltd. (SZSE:000597)
Aug 07
These 4 Measures Indicate That Northeast Pharmaceutical Group (SZSE:000597) Is Using Debt Safely
May 25Northeast Pharmaceutical Group (SZSE:000597) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000597 has been paying a dividend for less than 10 years.
Growing Dividend: 000597's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Northeast Pharmaceutical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000597) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Pharmaceuticals) | 2.0% |
| Analyst forecast (000597) (up to 3 years) | n/a |
Notable Dividend: 000597's dividend (2.41%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 000597's dividend (2.41%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.6%), 000597's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), 000597's dividend payments are well covered by cash flows.