Nanjing Quanxin Cable Technology Dividend
Dividend criteria checks 1/6
Nanjing Quanxin Cable Technology is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
26%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.066 |
| Earnings per share | CN¥0.25 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300447 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300447's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Nanjing Quanxin Cable Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300447) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Aerospace & Defense) | 0.7% |
| Analyst forecast (300447) (up to 3 years) | n/a |
Notable Dividend: 300447's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 300447's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.1%), 300447's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300447 is paying a dividend but the company has no free cash flows.