Sichuan Tianwei ElectronicLtd Dividend
Dividend criteria checks 2/6
Sichuan Tianwei ElectronicLtd is a dividend paying company with a current yield of 2.44% that is well covered by earnings. Next payment date is on 12th August, 2024 with an ex-dividend date of 12th August, 2024.
Key information
2.4%
Dividend yield
71%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | 12 Aug 24 |
| Ex dividend date | 12 Aug 24 |
| Dividend per share | CN¥0.375 |
| Earnings per share | CN¥0.53 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688511 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688511 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Sichuan Tianwei ElectronicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688511) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (688511) | n/a |
Notable Dividend: 688511's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 688511's dividend (2.44%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.6%), 688511's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688511 is paying a dividend but the company has no free cash flows.