Shenzhen JT Automation EquipmentLtd Dividend
Dividend criteria checks 3/6
Shenzhen JT Automation EquipmentLtd is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
64%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.19 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital
Jun 13
Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings
Apr 29Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk
Apr 22Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected
Mar 07Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300400 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300400's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shenzhen JT Automation EquipmentLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300400) | 1.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (300400) | n/a |
Notable Dividend: 300400's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 300400's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.2%), 300400's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.2%), 300400's dividend payments are well covered by cash flows.