DEPPON LOGISTICS Dividend
Dividend criteria checks 2/6
DEPPON LOGISTICS is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.6%
Dividend yield
10%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.079 |
| Earnings per share | CN¥0.82 |
| Dividend yield forecast | 2.8% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603056 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603056 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| DEPPON LOGISTICS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603056) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Logistics) | 1.9% |
| Analyst forecast (603056) (up to 3 years) | 2.8% |
Notable Dividend: 603056's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603056's dividend (0.55%) 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 (9.5%), 603056's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.7%), 603056's dividend payments are thoroughly covered by cash flows.