China Shengmu Organic Milk is a dividend paying company with a current yield of 1.17% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 18th June, 2024.
Key information
1.2%
Dividend yield
20%
Payout ratio
Industry average yield
3.8%
Next dividend pay date
05 Jul 24
Ex dividend date
18 Jun 24
Dividend per share
n/a
Earnings per share
€0.011
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 7OM's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 7OM's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
China Shengmu Organic Milk Dividend Yield vs Market
How does 7OM dividend yield compare to the market?
Segment
Dividend Yield
Company (7OM)
1.2%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Food)
3.8%
Analyst forecast in 3 Years (7OM)
n/a
Notable Dividend: 7OM's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 7OM's dividend (1.17%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 7OM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 7OM is paying a dividend but the company has no free cash flows.