Zhiyang Innovation Technology Dividend
Dividend criteria checks 3/6
Zhiyang Innovation Technology is a dividend paying company with a current yield of 1.29% that is well covered by earnings.
Key information
1.3%
Dividend yield
67%
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¥0.29 |
Dividend yield forecast in 3Y | 0% |
Recent dividend updates
No updates
Recent updates
There May Be Underlying Issues With The Quality Of Zhiyang Innovation Technology's (SHSE:688191) Earnings
May 02Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Not Flying Under The Radar
Apr 25Zhiyang Innovation Technology's (SHSE:688191) Returns On Capital Not Reflecting Well On The Business
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688191 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688191's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Zhiyang Innovation Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688191) | 1.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (688191) | 0% |
Notable Dividend: 688191's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688191's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.5%), 688191's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.5%), 688191's dividend payments are well covered by cash flows.