Northeast Pharmaceutical Group Dividend
Dividend criteria checks 3/6
Northeast Pharmaceutical Group is a dividend paying company with a current yield of 2.08% that is well covered by earnings.
Key information
2.1%
Dividend yield
42%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (597) | 2.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Pharmaceuticals) | 1.7% |
Analyst forecast in 3 Years (597) | n/a |
Notable Dividend: 000597's dividend (2.08%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 000597's dividend (2.08%) is low compared to the top 25% of dividend payers in the CN market (2.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), 000597's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45%), 000597's dividend payments are well covered by cash flows.