Shenzhen Kedali Industry Dividend
Dividend criteria checks 2/6
Shenzhen Kedali Industry is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
31%
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¥4.70 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Shenzhen Kedali Industry Co., Ltd. Just Recorded A 12% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 30
Shenzhen Kedali Industry (SZSE:002850) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25Shenzhen Kedali Industry Co., Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 15Is Shenzhen Kedali Industry (SZSE:002850) A Risky Investment?
Mar 20Shenzhen Kedali Industry Co., Ltd. (SZSE:002850) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002850 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002850's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen Kedali Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2850) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Auto Components) | 1.4% |
| Analyst forecast in 3 Years (2850) | 2.4% |
Notable Dividend: 002850's dividend (1.57%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002850's dividend (1.57%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 002850's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002850 is paying a dividend but the company has no free cash flows.