Guangdong Topstar Technology Dividend
Dividend criteria checks 2/6
Guangdong Topstar Technology is a dividend paying company with a current yield of 0.45% that is well covered by earnings.
Key information
0.4%
Dividend yield
47%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.043 |
| Earnings per share | CN¥0.094 |
| Dividend yield forecast | 0.5% |
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) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Machinery) | 2.1% |
| Analyst forecast (300607) (up to 3 years) | 0.5% |
Notable Dividend: 300607's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 300607's dividend (0.45%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), 300607's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.8%), 300607's dividend payments are well covered by cash flows.