SBT Ultrasonic TechnologyLtd Dividend
Dividend criteria checks 1/6
SBT Ultrasonic TechnologyLtd is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
61%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.32 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688392's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688392's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| SBT Ultrasonic TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688392) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (688392) | 2.1% |
Notable Dividend: 688392's dividend (0.41%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688392's dividend (0.41%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.1%), 688392's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688392 is paying a dividend but the company has no free cash flows.