Keli Sensing Technology (Ningbo)Ltd is a dividend paying company with a current yield of 1.48% that is well covered by earnings. Next payment date is on 10th July, 2024 with an ex-dividend date of 10th July, 2024.
Key information
1.5%
Dividend yield
32%
Payout ratio
Industry average yield
2.0%
Next dividend pay date
10 Jul 24
Ex dividend date
10 Jul 24
Dividend per share
n/a
Earnings per share
CN¥1.06
Dividend yield forecast in 3Y
0%
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603662 has been paying a dividend for less than 10 years.
Growing Dividend: 603662's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Keli Sensing Technology (Ningbo)Ltd Dividend Yield vs Market
How does 603662 dividend yield compare to the market?
Segment
Dividend Yield
Company (603662)
1.5%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.6%
Industry Average (Electrical)
2.0%
Analyst forecast in 3 Years (603662)
0%
Notable Dividend: 603662's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603662's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.7%), 603662's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.8%), 603662's dividend payments are covered by cash flows.