Shenzhen INVT ElectricLtd Dividend
Dividend criteria checks 4/6
Shenzhen INVT ElectricLtd is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.1%
Dividend yield
19%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.060 |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002334's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002334's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shenzhen INVT ElectricLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002334) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (002334) | 1.4% |
Notable Dividend: 002334's dividend (1.05%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002334's dividend (1.05%) is low compared to the top 25% of dividend payers in the CN market (2.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.6%), 002334's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.8%), 002334's dividend payments are well covered by cash flows.