Rainbow Digital Commercial Dividend
Dividend criteria checks 3/6
Rainbow Digital Commercial is a dividend paying company with a current yield of 3.27%.
Key information
3.3%
Dividend yield
112%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.14 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002419's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002419's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Rainbow Digital Commercial Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2419) | 3.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Multiline Retail) | 2.1% |
Analyst forecast in 3 Years (2419) | 2.6% |
Notable Dividend: 002419's dividend (3.27%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002419's dividend (3.27%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.6%), 002419's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.6%), 002419's dividend payments are thoroughly covered by cash flows.