Xiamen Solex High-tech Industries Dividend
Dividend criteria checks 3/6
Xiamen Solex High-tech Industries is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
53%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.03 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603992 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603992's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Xiamen Solex High-tech Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603992) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Building) | 2.6% |
Analyst forecast in 3 Years (603992) | 1.6% |
Notable Dividend: 603992's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603992's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), 603992's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), 603992's dividend payments are well covered by cash flows.