OKE Precision Cutting Tools Dividend
Dividend criteria checks 2/6
OKE Precision Cutting Tools is a dividend paying company with a current yield of 1.87% that is well covered by earnings.
Key information
1.9%
Dividend yield
41%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.86 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
No updates
Recent updates
OKE Precision Cutting Tools' (SHSE:688308) Returns On Capital Not Reflecting Well On The Business
Jun 26OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 09OKE Precision Cutting Tools' (SHSE:688308) Weak Earnings Might Be Worse Than They Appear
Apr 16OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688308 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688308's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
OKE Precision Cutting Tools Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (688308) | 1.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (688308) | 2.7% |
Notable Dividend: 688308's dividend (1.87%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 688308's dividend (1.87%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.6%), 688308's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688308 is paying a dividend but the company has no free cash flows.