Shenzhen Envicool Technology Dividend
Dividend criteria checks 2/6
Shenzhen Envicool Technology is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
29%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.67 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002837 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002837's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Shenzhen Envicool Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2837) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (2837) | 1.7% |
Notable Dividend: 002837's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 002837's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.46%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 002837's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 002837's dividend payments are well covered by cash flows.