Shanghai Beite Technology Dividend
Dividend criteria checks 2/6
Shanghai Beite Technology is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603009 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603009 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Beite Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603009) | 0.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (603009) | n/a |
Notable Dividend: 603009's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 603009's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.4%), 603009's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.6%), 603009's dividend payments are well covered by cash flows.