Lanzhou Lishang Guochao Industrial GroupLtd Dividend
Dividend criteria checks 3/6
Lanzhou Lishang Guochao Industrial GroupLtd is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
24%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.040 |
Earnings per share | CN¥0.17 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600738's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600738's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Lanzhou Lishang Guochao Industrial GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600738) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Multiline Retail) | 2.4% |
Analyst forecast in 3 Years (600738) | 1.9% |
Notable Dividend: 600738's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 600738's dividend (1.08%) is low compared to the top 25% of dividend payers in the CN market (2.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.5%), 600738's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), 600738's dividend payments are thoroughly covered by cash flows.