Shenzhen Kaizhong Precision Technology Dividend
Dividend criteria checks 3/6
Shenzhen Kaizhong Precision Technology is a dividend paying company with a current yield of 1.07% that is well covered by earnings.
Key information
1.1%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.153 |
| Earnings per share | CN¥0.45 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Additional Considerations Required While Assessing Shenzhen Kaizhong Precision Technology's (SZSE:002823) Strong Earnings
Sep 04
Here's Why Shenzhen Kaizhong Precision Technology (SZSE:002823) Can Manage Its Debt Responsibly
Aug 29Revenues Working Against Shenzhen Kaizhong Precision Technology Co., Ltd.'s (SZSE:002823) Share Price Following 28% Dive
Aug 10Does Shenzhen Kaizhong Precision Technology (SZSE:002823) Deserve A Spot On Your Watchlist?
Jul 12Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
May 21Shenzhen Kaizhong Precision Technology (SZSE:002823) Could Be Struggling To Allocate Capital
Apr 16Earnings Not Telling The Story For Shenzhen Kaizhong Precision Technology Co., Ltd. (SZSE:002823) After Shares Rise 37%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002823 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002823 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Kaizhong Precision Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002823) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002823) (up to 3 years) | n/a |
Notable Dividend: 002823's dividend (1.07%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 002823's dividend (1.07%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), 002823's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.5%), 002823's dividend payments are covered by cash flows.