Shenzhen Bestek Technology Dividend
Dividend criteria checks 3/6
Shenzhen Bestek Technology is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
46%
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¥0.22 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Shenzhen Bestek Technology (SZSE:300822) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 26
Here's What's Concerning About Shenzhen Bestek Technology's (SZSE:300822) Returns On Capital
Apr 16What Shenzhen Bestek Technology Co., Ltd.'s (SZSE:300822) 32% Share Price Gain Is Not Telling You
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300822 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300822 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Bestek Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300822) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (300822) | n/a |
Notable Dividend: 300822's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300822's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.7%), 300822's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.3%), 300822's dividend payments are well covered by cash flows.