Shenzhen Sinexcel ElectricLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Sinexcel ElectricLtd is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 14.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.330 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300693 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300693's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen Sinexcel ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300693) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300693) (up to 3 years) | 2.4% |
Notable Dividend: 300693's dividend (1.38%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300693's dividend (1.38%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), 300693's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300693 is paying a dividend but the company has no free cash flows.