Shenzhen Ridge Engineering Consulting Dividend
Dividend criteria checks 2/6
Shenzhen Ridge Engineering Consulting is a dividend paying company with a current yield of 1.29%.
Key information
1.3%
Dividend yield
93%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.24 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Shenzhen Ridge Engineering Consulting (SZSE:300977) Has Announced That It Will Be Increasing Its Dividend To CN¥0.22
May 28
Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 32%
May 21Things Look Grim For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) After Today's Downgrade
Apr 30Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 26%
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300977 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300977 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Ridge Engineering Consulting Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300977) | 1.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Construction) | 3.5% |
| Analyst forecast in 3 Years (300977) | n/a |
Notable Dividend: 300977's dividend (1.29%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300977's dividend (1.29%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.6%), 300977's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.6%), 300977's dividend payments are covered by cash flows.