Tianjin Ringpu Bio-TechnologyLtd Dividend
Dividend criteria checks 5/6
Tianjin Ringpu Bio-TechnologyLtd is a dividend paying company with a current yield of 2.97% that is well covered by earnings.
Key information
3.0%
Dividend yield
40%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
Earnings per share | CN¥0.99 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300119's dividends per share have been stable in the past 10 years.
Growing Dividend: 300119's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tianjin Ringpu Bio-TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300119) | 3.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Pharmaceuticals) | 1.9% |
Analyst forecast in 3 Years (300119) | 4.5% |
Notable Dividend: 300119's dividend (2.97%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300119's dividend (2.97%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 300119's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.6%), 300119's dividend payments are not well covered by cash flows.