Jiangsu New Technology GroupLtd Dividend
Dividend criteria checks 1/6
Jiangsu New Technology GroupLtd is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
12%
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¥1.01 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301229 has been paying a dividend for less than 10 years.
Growing Dividend: 301229's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Jiangsu New Technology GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301229) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (301229) | n/a |
Notable Dividend: 301229's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301229's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.3%), 301229's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301229 is paying a dividend but the company has no free cash flows.