Shenzhen Xinyuren Technology Dividend
Dividend criteria checks 2/6
Shenzhen Xinyuren Technology is a dividend paying company with a current yield of 1.36% that is well covered by earnings.
Key information
1.4%
Dividend yield
85%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688573's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688573's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenzhen Xinyuren Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688573) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast (688573) (up to 3 years) | n/a |
Notable Dividend: 688573's dividend (1.36%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688573's dividend (1.36%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85%), 688573's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688573 is paying a dividend but the company has no free cash flows.