Yili Chuanning BiotechnologyLtd Dividend
Dividend criteria checks 3/6
Yili Chuanning BiotechnologyLtd is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
39%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.225 |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301301's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301301's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Yili Chuanning BiotechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301301) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Biotechs) | 1.1% |
| Analyst forecast (301301) (up to 3 years) | 3.7% |
Notable Dividend: 301301's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 301301's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.9%), 301301's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.4%), 301301's dividend payments are covered by cash flows.