Shanghai Zhongchen Electronic TechnologyLtd Dividend
Dividend criteria checks 1/6
Shanghai Zhongchen Electronic TechnologyLtd is a dividend paying company with a current yield of 0.47% that is well covered by earnings. Last payment was on 28th June, 2024 with an ex-dividend date of 28th June, 2024.
Key information
0.5%
Dividend yield
9%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 28 Jun 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥1.34 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603275's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603275's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai Zhongchen Electronic TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603275) | 0.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electrical) | 1.9% |
| Analyst forecast in 3 Years (603275) | n/a |
Notable Dividend: 603275's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603275's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.4%), 603275's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603275 is paying a dividend but the company has no free cash flows.