Dashang Dividend
Dividend criteria checks 4/6
Dashang is a dividend paying company with a current yield of 5.61% that is well covered by earnings.
Key information
5.6%
Dividend yield
52%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.909 |
Earnings per share | CN¥1.78 |
Dividend yield forecast in 3Y | 3.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600694's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600694's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Dashang Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600694) | 5.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Multiline Retail) | 2.4% |
Analyst forecast in 3 Years (600694) | 3.5% |
Notable Dividend: 600694's dividend (5.61%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 600694's dividend (5.61%) is in the top 25% of dividend payers in the CN market (2.63%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), 600694's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.8%), 600694's dividend payments are well covered by cash flows.