Yuneng Technology Dividend
Dividend criteria checks 2/6
Yuneng Technology is a dividend paying company with a current yield of 1.46% that is well covered by earnings.
Key information
1.5%
Dividend yield
78%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.29 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688348's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688348's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Yuneng Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (688348) | 1.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (688348) | 3.1% |
Notable Dividend: 688348's dividend (1.46%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 688348's dividend (1.46%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.2%), 688348's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688348 is paying a dividend but the company has no free cash flows.