Shanghai Allied Industrial Dividend
Dividend criteria checks 2/6
Shanghai Allied Industrial is a dividend paying company with a current yield of 2.24%.
Key information
2.2%
Dividend yield
98%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.500 |
Earnings per share | CN¥0.51 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
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 |
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Segment | Dividend Yield |
---|---|
Company (301419) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Communications) | 1.5% |
Analyst forecast in 3 Years (301419) | 2.2% |
Notable Dividend: 301419's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301419's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.3%), 301419's dividend payments are not well 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.