Shanghai Allied Industrial Dividend
Dividend criteria checks 3/6
Shanghai Allied Industrial is a dividend paying company with a current yield of 1.86% that is well covered by earnings.
Key information
1.9%
Dividend yield
54%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.51 |
| Dividend yield forecast in 3Y | 5.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301419's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301419's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai Allied Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301419) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Communications) | 1.2% |
| Analyst forecast in 3 Years (301419) | 5.6% |
Notable Dividend: 301419's dividend (1.86%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301419's dividend (1.86%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.6%), 301419's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.3%), 301419's dividend payments are covered by cash flows.