Chengdu Lihang Technology Co,Ltd.

SHSE:603261 Stock Report

Market Cap: CN¥2.7b

Chengdu Lihang Technology CoLtd Dividend

Dividend criteria checks 1/6

Chengdu Lihang Technology CoLtd is a dividend paying company with a current yield of 0.39% that is well covered by earnings.

Key information

0.4%

Dividend yield

49%

Payout ratio

Industry average yield0.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share-CN¥0.93
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Chengdu Lihang Technology Co,Ltd.'s (SHSE:603261) Popularity With Investors Under Threat As Stock Sinks 27%

Apr 21
Chengdu Lihang Technology Co,Ltd.'s (SHSE:603261) Popularity With Investors Under Threat As Stock Sinks 27%

Chengdu Lihang Technology CoLtd (SHSE:603261) May Have Issues Allocating Its Capital

Apr 05
Chengdu Lihang Technology CoLtd (SHSE:603261) May Have Issues Allocating Its Capital

Chengdu Lihang Technology Co,Ltd.'s (SHSE:603261) 33% Share Price Surge Not Quite Adding Up

Mar 06
Chengdu Lihang Technology Co,Ltd.'s (SHSE:603261) 33% Share Price Surge Not Quite Adding Up

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603261 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603261 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Chengdu Lihang Technology CoLtd Dividend Yield vs Market
How does 603261 dividend yield compare to the market?
SegmentDividend Yield
Company (603261)0.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.4%
Industry Average (Aerospace & Defense)0.8%
Analyst forecast in 3 Years (603261)n/a

Notable Dividend: 603261's dividend (0.39%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 603261's dividend (0.39%) is low compared to the top 25% of dividend payers in the CN market (2.36%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.7%), 603261's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603261 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.