Beijing Strong BiotechnologiesInc Dividend
Dividend criteria checks 3/6
Beijing Strong BiotechnologiesInc is a dividend paying company with a current yield of 1.08% that is well covered by earnings. Next payment date is on 7th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
1.1%
Dividend yield
22%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 07 May 24 |
| Ex dividend date | 07 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.89 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Is Now The Time To Put Beijing Strong BiotechnologiesInc (SZSE:300406) On Your Watchlist?
Mar 21
Improved Earnings Required Before Beijing Strong Biotechnologies,Inc. (SZSE:300406) Stock's 25% Jump Looks Justified
Mar 03Estimating The Fair Value Of Beijing Strong Biotechnologies,Inc. (SZSE:300406)
Feb 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300406 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300406's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Beijing Strong BiotechnologiesInc Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300406) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Biotechs) | 1.3% |
| Analyst forecast in 3 Years (300406) | 1.9% |
Notable Dividend: 300406's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300406's dividend (1.08%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.3%), 300406's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.8%), 300406's dividend payments are well covered by cash flows.