Shenzhen JT Automation Equipment Co.,Ltd

SZSE:300400 Stock Report

Market Cap: CN¥2.8b

Shenzhen JT Automation EquipmentLtd Dividend

Dividend criteria checks 3/6

Shenzhen JT Automation EquipmentLtd is a dividend paying company with a current yield of 1.1% that is well covered by earnings.

Key information

1.1%

Dividend yield

64%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.19
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Jun 13
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings

Apr 29
Some Investors May Be Willing To Look Past Shenzhen JT Automation EquipmentLtd's (SZSE:300400) Soft Earnings

Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk

Apr 22
Shenzhen JT Automation Equipment Co.,Ltd's (SZSE:300400) 27% Share Price Plunge Could Signal Some Risk

Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected

Mar 07
Shenzhen JT Automation Equipment Co.,Ltd (SZSE:300400) Stock Rockets 40% As Investors Are Less Pessimistic Than Expected

Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Mar 01
Be Wary Of Shenzhen JT Automation EquipmentLtd (SZSE:300400) And Its Returns On Capital

Stability 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
How does 300400 dividend yield compare to the market?
SegmentDividend Yield
Company (300400)1.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.9%
Analyst forecast in 3 Years (300400)n/a

Notable Dividend: 300400's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 300400's dividend (1.1%) 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.


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