ShenZhen QiangRui Precision Technology Dividend
Dividend criteria checks 1/6
ShenZhen QiangRui Precision Technology is a dividend paying company with a current yield of 1.22%.
Key information
1.2%
Dividend yield
93%
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¥0.75 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301128 has been paying a dividend for less than 10 years.
Growing Dividend: 301128 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
ShenZhen QiangRui Precision Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301128) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (301128) | n/a |
Notable Dividend: 301128's dividend (1.22%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301128's dividend (1.22%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.2%), 301128's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301128 is paying a dividend but the company has no free cash flows.