Haining China Leather MarketLtd Dividend
Dividend criteria checks 2/6
Haining China Leather MarketLtd is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
47%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.089 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002344's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002344's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Haining China Leather MarketLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2344) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Real Estate) | 2.8% |
Analyst forecast in 3 Years (2344) | 0.8% |
Notable Dividend: 002344's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002344's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.4%), 002344's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002344 is paying a dividend but the company has no free cash flows.