Nanjing LES Information Technology Dividend
Dividend criteria checks 1/6
Nanjing LES Information Technology is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
51%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.410 |
| Earnings per share | CN¥0.85 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688631's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688631's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nanjing LES Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688631) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Aerospace & Defense) | 0.6% |
| Analyst forecast (688631) (up to 3 years) | n/a |
Notable Dividend: 688631's dividend (0.32%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688631's dividend (0.32%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), 688631's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (188.5%), 688631's dividend payments are not well covered by cash flows.