Fujian Nanping Sun Cable Co., Ltd.

XSEC:002300 Stock Report

Market Cap: CN¥3.7b

Fujian Nanping Sun Cable Dividend

Dividend criteria checks 3/6

Fujian Nanping Sun Cable is a dividend paying company with a current yield of 3.13% that is well covered by earnings.

Key information

3.1%

Dividend yield

82%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.160
Earnings per shareCN¥0.20
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002300's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002300's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Fujian Nanping Sun Cable Dividend Yield vs Market
How does 002300 dividend yield compare to the market?
SegmentDividend Yield
Company (002300)3.1%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Electrical)1.7%
Analyst forecast (002300) (up to 3 years)n/a

Notable Dividend: 002300's dividend (3.13%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).

High Dividend: 002300's dividend (3.13%) is in the top 25% of dividend payers in the CN market (2.43%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (81.7%), 002300's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (119%), 002300's dividend payments are not well covered by cash flows.


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