Xi'an Sinofuse Electric Dividend
Dividend criteria checks 2/6
Xi'an Sinofuse Electric is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
36%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.600 |
Earnings per share | CN¥1.68 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Xi'an Sinofuse Electric's (SZSE:301031) Dividend Will Be CN¥0.60
Jul 12Xi'an Sinofuse Electric Co., Ltd. (SZSE:301031) Not Flying Under The Radar
Jun 21Here's Why Xi'an Sinofuse Electric (SZSE:301031) Has A Meaningful Debt Burden
May 22Xi'an Sinofuse Electric's (SZSE:301031) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 30Xi'an Sinofuse Electric (SZSE:301031) Hasn't Managed To Accelerate Its Returns
Mar 25Stability 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) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (301031) | 2.2% |
Notable Dividend: 301031's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301031's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.6%), 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.