JL Mag Rare-Earth Dividend
Dividend criteria checks 1/6
JL Mag Rare-Earth is a dividend paying company with a current yield of 2.02% that is well covered by earnings.
Key information
2.0%
Dividend yield
70%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.36 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6680 has been paying a dividend for less than 10 years.
Growing Dividend: 6680's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
JL Mag Rare-Earth Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6680) | 2.0% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.0% |
Industry Average (Electrical) | 3.9% |
Analyst forecast in 3 Years (6680) | 2.7% |
Notable Dividend: 6680's dividend (2.02%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.36%).
High Dividend: 6680's dividend (2.02%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.3%), 6680's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6680 is paying a dividend but the company has no free cash flows.