Flying Technology Dividend
Dividend criteria checks 3/6
Flying Technology is a dividend paying company with a current yield of 2.5% that is well covered by earnings.
Key information
2.5%
Dividend yield
76%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.25 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603488 has been paying a dividend for less than 10 years.
Growing Dividend: 603488's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Flying Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603488) | 2.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (603488) | n/a |
Notable Dividend: 603488's dividend (2.5%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603488's dividend (2.5%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.7%), 603488's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.6%), 603488's dividend payments are covered by cash flows.