Square Technology GroupLtd Dividend
Dividend criteria checks 2/6
Square Technology GroupLtd is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.260 |
| Earnings per share | CN¥0.88 |
| Future Dividend Yield | 3.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603339 has been paying a dividend for less than 10 years.
Growing Dividend: 603339's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Square Technology GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603339) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603339) (up to 3 years) | 3.0% |
Notable Dividend: 603339's dividend (1.96%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 603339's dividend (1.96%) is low compared to the top 25% of dividend payers in the CN market (2.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.6%), 603339's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603339 is paying a dividend but the company has no free cash flows.