Shijiazhuang Kelin Electric Dividend
Dividend criteria checks 3/6
Shijiazhuang Kelin Electric is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
28%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Does Shijiazhuang Kelin Electric (SHSE:603050) Have A Healthy Balance Sheet?
May 21
Market Might Still Lack Some Conviction On Shijiazhuang Kelin Electric Co., Ltd. (SHSE:603050) Even After 26% Share Price Boost
Apr 22The Returns On Capital At Shijiazhuang Kelin Electric (SHSE:603050) Don't Inspire Confidence
Apr 12Shijiazhuang Kelin Electric Co., Ltd.'s (SHSE:603050) Price Is Right But Growth Is Lacking After Shares Rocket 32%
Mar 08Does Shijiazhuang Kelin Electric (SHSE:603050) Deserve A Spot On Your Watchlist?
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603050 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603050's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shijiazhuang Kelin Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603050) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (603050) | n/a |
Notable Dividend: 603050's dividend (1.24%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603050's dividend (1.24%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.7%), 603050's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.7%), 603050's dividend payments are well covered by cash flows.