Square Technology GroupLtd Dividend
Dividend criteria checks 4/6
Square Technology GroupLtd is a dividend paying company with a current yield of 2.91% that is well covered by earnings.
Key information
2.9%
Dividend yield
26%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.00 |
Dividend yield forecast in 3Y | 4.5% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603339 has been paying a dividend for less than 10 years.
Growing Dividend: 603339's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Square Technology GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603339) | 2.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (603339) | 4.5% |
Notable Dividend: 603339's dividend (2.91%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603339's dividend (2.91%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), 603339's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), 603339's dividend payments are well covered by cash flows.