Nanjing Quanxin Cable Technology Dividend
Dividend criteria checks 2/6
Nanjing Quanxin Cable Technology is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
20%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.33 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Some Confidence Is Lacking In Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) As Shares Slide 25%
Jul 05
Estimating The Intrinsic Value Of Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447)
Jun 21Earnings Not Telling The Story For Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) After Shares Rise 26%
May 12Nanjing Quanxin Cable Technology's (SZSE:300447) Anemic Earnings Might Be Worse Than You Think
May 02Improved Earnings Required Before Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) Stock's 39% Jump Looks Justified
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300447 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300447's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Nanjing Quanxin Cable Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300447) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (300447) | n/a |
Notable Dividend: 300447's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300447's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 300447's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.1%), 300447's dividend payments are covered by cash flows.