EST Tools Dividend
Dividend criteria checks 3/6
EST Tools is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.83 |
| Future Dividend Yield | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300488 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300488's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| EST Tools Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300488) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300488) (up to 3 years) | n/a |
Notable Dividend: 300488's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300488's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.2%), 300488's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.2%), 300488's dividend payments are well covered by cash flows.