Guangdong Topstar Technology Dividend
Dividend criteria checks 2/6
Guangdong Topstar Technology is a dividend paying company with a current yield of 0.35% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
0.4%
Dividend yield
17%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | 14 Jun 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.25 |
Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300607 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300607's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Guangdong Topstar Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (300607) | 0.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (300607) | 0.7% |
Notable Dividend: 300607's dividend (0.35%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 300607's dividend (0.35%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 300607's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75%), 300607's dividend payments are covered by cash flows.