New Trend International Logis-TechLtd Dividend
Dividend criteria checks 3/6
New Trend International Logis-TechLtd is a dividend paying company with a current yield of 7.14% that is well covered by earnings. Next payment date is on 19th September, 2024 with an ex-dividend date of 19th September, 2024.
Key information
7.1%
Dividend yield
47%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | 19 Sep 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | CN¥1.000 |
| Earnings per share | CN¥1.27 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Stock Rockets 29% But Many Are Still Ignoring The Company
Aug 23
Shareholders Can Be Confident That New Trend International Logis-TechLtd's (SZSE:300532) Earnings Are High Quality
Apr 01New Trend International Logis-Tech Co.,Ltd. (SZSE:300532) Soars 28% But It's A Story Of Risk Vs Reward
Mar 04Does New Trend International Logis-TechLtd (SZSE:300532) Deserve A Spot On Your Watchlist?
Feb 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300532 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300532's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| New Trend International Logis-TechLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300532) | 7.1% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Software) | 1.0% |
| Analyst forecast (300532) (up to 3 years) | n/a |
Notable Dividend: 300532's dividend (7.14%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 300532's dividend (7.14%) is in the top 25% of dividend payers in the CN market (2.81%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 300532's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.5%), 300532's dividend payments are not well covered by cash flows.