Shenzhen Inovance TechnologyLtd Dividend
Dividend criteria checks 4/6
Shenzhen Inovance TechnologyLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
25%
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¥1.80 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
If EPS Growth Is Important To You, Shenzhen Inovance TechnologyLtd (SZSE:300124) Presents An Opportunity
Apr 18
Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Shares Could Be 29% Below Their Intrinsic Value Estimate
Mar 28Shenzhen Inovance TechnologyLtd (SZSE:300124) Seems To Use Debt Quite Sensibly
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300124's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300124's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Inovance TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300124) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (300124) | 1.3% |
Notable Dividend: 300124's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300124's dividend (0.76%) 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 (25%), 300124's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (71.8%), 300124's dividend payments are covered by cash flows.