EST Tools Dividend
Dividend criteria checks 3/6
EST Tools is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
24%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Earnings per share | CN¥0.85 |
Dividend yield forecast in 3Y | 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 8 years.
Dividend Yield vs Market
EST Tools Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300488) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (300488) | n/a |
Notable Dividend: 300488's dividend (1.02%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300488's dividend (1.02%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), 300488's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), 300488's dividend payments are well covered by cash flows.