Hunan Jiudian Pharmaceutical Dividend
Dividend criteria checks 3/6
Hunan Jiudian Pharmaceutical is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.229 |
| Earnings per share | CN¥0.93 |
| Dividend yield forecast | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300705 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300705's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Hunan Jiudian Pharmaceutical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300705) | 1.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Pharmaceuticals) | 1.8% |
| Analyst forecast (300705) (up to 3 years) | 2.0% |
Notable Dividend: 300705's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300705's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 300705's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39%), 300705's dividend payments are well covered by cash flows.