Kunshan GuoLi Electronic Technology Dividend
Dividend criteria checks 2/6
Kunshan GuoLi Electronic Technology is a dividend paying company with a current yield of 0.83% that is well covered by earnings. Last payment was on 3rd June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
0.8%
Dividend yield
40%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 03 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.59 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688103 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688103 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Kunshan GuoLi Electronic Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688103) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (688103) | n/a |
Notable Dividend: 688103's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688103's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), 688103's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688103 is paying a dividend but the company has no free cash flows.