Leedarson IoT Technology Dividend
Dividend criteria checks 3/6
Leedarson IoT Technology is a dividend paying company with a current yield of 2.04% that is well covered by earnings.
Key information
2.0%
Dividend yield
45%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.320 |
| Earnings per share | CN¥0.72 |
| Dividend yield forecast | 2.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605365 has been paying a dividend for less than 10 years.
Growing Dividend: 605365's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Leedarson IoT Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605365) | 2.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (605365) (up to 3 years) | 2.7% |
Notable Dividend: 605365's dividend (2.04%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 605365's dividend (2.04%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.7%), 605365's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.2%), 605365's dividend payments are well covered by cash flows.