Shijiazhuang Shangtai Technology Dividend
Dividend criteria checks 2/6
Shijiazhuang Shangtai Technology is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.1%
Dividend yield
33%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.46 |
| Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
Recent updates
Shijiazhuang Shangtai Technology's (SZSE:001301) Shareholders Have More To Worry About Than Only Soft Earnings
May 05
Revenue Downgrade: Here's What Analysts Forecast For Shijiazhuang Shangtai Technology Co., Ltd. (SZSE:001301)
Apr 28Is Shijiazhuang Shangtai Technology (SZSE:001301) Using Too Much Debt?
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001301's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001301's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shijiazhuang Shangtai Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1301) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast in 3 Years (1301) | 2.9% |
Notable Dividend: 001301's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 001301's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), 001301's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001301 is paying a dividend but the company has no free cash flows.