Yangling Metron New Material Dividend
Dividend criteria checks 3/6
Yangling Metron New Material is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
13%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.93 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300861 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300861's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Yangling Metron New Material Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300861) | 2.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.5% |
Analyst forecast in 3 Years (300861) | 3.9% |
Notable Dividend: 300861's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 300861's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.1%), 300861's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.3%), 300861's dividend payments are covered by cash flows.