Xi'an Sinofuse Electric Dividend
Dividend criteria checks 2/6
Xi'an Sinofuse Electric is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
34%
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¥1.68 |
| Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301031 has been paying a dividend for less than 10 years.
Growing Dividend: 301031 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Xi'an Sinofuse Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301031) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (301031) | 2.0% |
Notable Dividend: 301031's dividend (0.71%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301031's dividend (0.71%) 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 (33.9%), 301031's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301031 is paying a dividend but the company has no free cash flows.