Liaoning Cheng Da Dividend
Dividend criteria checks 2/6
Liaoning Cheng Da is a dividend paying company with a current yield of 1.45% that is well covered by earnings.
Key information
1.4%
Dividend yield
36%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.011 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600739 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600739 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Liaoning Cheng Da Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600739) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Retail Distributors) | 2.6% |
| Analyst forecast in 3 Years (600739) | n/a |
Notable Dividend: 600739's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600739's dividend (1.45%) 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 (36%), 600739's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600739 is paying a dividend but the company has no free cash flows.