Sinomag Technology Dividend
Dividend criteria checks 2/6
Sinomag Technology is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
27%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.76 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300835 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300835 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Sinomag Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300835) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (300835) | n/a |
Notable Dividend: 300835's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 300835's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), 300835's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300835 is paying a dividend but the company has no free cash flows.