Genbyte Technology Dividend
Dividend criteria checks 3/6
Genbyte Technology is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.900 |
| Earnings per share | CN¥1.87 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003028 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003028's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Genbyte Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003028) | 2.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (003028) (up to 3 years) | n/a |
Notable Dividend: 003028's dividend (2.51%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 003028's dividend (2.51%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), 003028's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 003028 is paying a dividend but the company has no free cash flows.