Shenzhen SED Industry Dividend
Dividend criteria checks 1/6
Shenzhen SED Industry is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
38%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.29 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000032 has been paying a dividend for less than 10 years.
Growing Dividend: 000032's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Shenzhen SED Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (32) | 0.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Construction) | 3.3% |
| Analyst forecast in 3 Years (32) | 1.6% |
Notable Dividend: 000032's dividend (0.66%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 000032's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), 000032's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000032 is paying a dividend but the company has no free cash flows.