Solareast Holdings Dividend
Dividend criteria checks 3/6
Solareast Holdings is a dividend paying company with a current yield of 2.13% that is well covered by earnings.
Key information
2.1%
Dividend yield
40%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.078 |
Earnings per share | CN¥0.21 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603366's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603366's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Solareast Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603366) | 2.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (603366) | n/a |
Notable Dividend: 603366's dividend (2.13%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603366's dividend (2.13%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.9%), 603366's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.9%), 603366's dividend payments are well covered by cash flows.