Dalian Demaishi Precision Technology Co., Ltd.

SZSE:301007 Stock Report

Market Cap: CN¥2.0b

Dalian Demaishi Precision Technology Dividend

Dividend criteria checks 2/6

Dalian Demaishi Precision Technology is a dividend paying company with a current yield of 1.19% that is well covered by earnings.

Key information

1.2%

Dividend yield

39%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.38
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Dalian Demaishi Precision Technology (SZSE:301007) Is Reinvesting At Lower Rates Of Return

Apr 14
Dalian Demaishi Precision Technology (SZSE:301007) Is Reinvesting At Lower Rates Of Return

Dalian Demaishi Precision Technology Co., Ltd.'s (SZSE:301007) Shares May Have Run Too Fast Too Soon

Feb 26
Dalian Demaishi Precision Technology Co., Ltd.'s (SZSE:301007) Shares May Have Run Too Fast Too Soon

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 301007 has been paying a dividend for less than 10 years.

Growing Dividend: 301007's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Dalian Demaishi Precision Technology Dividend Yield vs Market
How does 301007 dividend yield compare to the market?
SegmentDividend Yield
Company (301007)1.2%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Auto Components)1.7%
Analyst forecast in 3 Years (301007)n/a

Notable Dividend: 301007's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).

High Dividend: 301007's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.23%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.4%), 301007's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (182.3%), 301007's dividend payments are not well covered by cash flows.


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