Sicher Elevator Co., Ltd.

SZSE:301056 Stock Report

Market Cap: CN¥1.9b

Sicher Elevator Dividend

Dividend criteria checks 4/6

Sicher Elevator is a dividend paying company with a current yield of 2.67% that is well covered by earnings.

Key information

2.7%

Dividend yield

49%

Payout ratio

Industry average yield2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.200
Earnings per shareCN¥0.41
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Slowing Rates Of Return At Sicher Elevator (SZSE:301056) Leave Little Room For Excitement

Jun 07
Slowing Rates Of Return At Sicher Elevator (SZSE:301056) Leave Little Room For Excitement

Sicher Elevator's (SZSE:301056) Strong Earnings Are Of Good Quality

May 02
Sicher Elevator's (SZSE:301056) Strong Earnings Are Of Good Quality

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 301056 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 301056 has only been paying a dividend for 2 years, and since then payments have not increased.


Dividend Yield vs Market

Sicher Elevator Dividend Yield vs Market
How does 301056 dividend yield compare to the market?
SegmentDividend Yield
Company (301056)2.7%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.6%
Industry Average (Machinery)2.0%
Analyst forecast in 3 Years (301056)n/a

Notable Dividend: 301056's dividend (2.67%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).

High Dividend: 301056's dividend (2.67%) is in the top 25% of dividend payers in the CN market (2.65%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (49.1%), 301056's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (37.5%), 301056's dividend payments are well covered by cash flows.


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