Arctech Solar Holding Dividend
Dividend criteria checks 3/6
Arctech Solar Holding is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
25%
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¥3.49 |
| Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688408's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Arctech Solar Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688408) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (688408) | 2.0% |
Notable Dividend: 688408's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688408's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 688408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.1%), 688408's dividend payments are well covered by cash flows.