Changzhou Fusion New Material Dividend
Dividend criteria checks 2/6
Changzhou Fusion New Material is a dividend paying company with a current yield of 1.97% that is well covered by earnings.
Key information
2.0%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.45 |
| Dividend yield forecast in 3Y | 4.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688503's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688503's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Changzhou Fusion New Material Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688503) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (688503) | 4.7% |
Notable Dividend: 688503's dividend (1.97%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688503's dividend (1.97%) 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 (45.7%), 688503's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688503 is paying a dividend but the company has no free cash flows.