KEDE Numerical Control Co., Ltd.

SHSE:688305 Stock Report

Market Cap: CN¥7.0b

KEDE Numerical Control Dividend

Dividend criteria checks 1/6

KEDE Numerical Control is a dividend paying company with a current yield of 0.36% that is well covered by earnings.

Key information

0.4%

Dividend yield

26%

Payout ratio

Industry average yield1.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.89
Dividend yield forecast in 3Y0.8%

Recent dividend updates

No updates

Recent updates

KEDE Numerical Control (SHSE:688305) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Apr 25
KEDE Numerical Control (SHSE:688305) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

KEDE Numerical Control (SHSE:688305) Shareholders Will Want The ROCE Trajectory To Continue

Apr 18
KEDE Numerical Control (SHSE:688305) Shareholders Will Want The ROCE Trajectory To Continue

Why Investors Shouldn't Be Surprised By KEDE Numerical Control Co., Ltd.'s (SHSE:688305) 30% Share Price Surge

Mar 01
Why Investors Shouldn't Be Surprised By KEDE Numerical Control Co., Ltd.'s (SHSE:688305) 30% Share Price Surge

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 688305's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 688305's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

KEDE Numerical Control Dividend Yield vs Market
How does 688305 dividend yield compare to the market?
SegmentDividend Yield
Company (688305)0.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Machinery)1.8%
Analyst forecast in 3 Years (688305)0.8%

Notable Dividend: 688305's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 688305's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (2.25%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.8%), 688305's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 688305 is paying a dividend but the company has no free cash flows.


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