Shenzhen Sine ElectricLtd Dividend
Dividend criteria checks 3/6
Shenzhen Sine ElectricLtd is a dividend paying company with a current yield of 1.49% that is well covered by earnings.
Key information
1.5%
Dividend yield
42%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Earnings per share | CN¥0.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688395 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688395 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Shenzhen Sine ElectricLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688395) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (688395) | n/a |
Notable Dividend: 688395's dividend (1.49%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688395's dividend (1.49%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), 688395's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.2%), 688395's dividend payments are covered by cash flows.