Road Environment TechnologyLtd Dividend
Dividend criteria checks 1/6
Road Environment TechnologyLtd is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
37%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.17 |
| Dividend yield forecast | 2.8% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688156 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688156 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Road Environment TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688156) | 0.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (688156) (up to 3 years) | 2.8% |
Notable Dividend: 688156's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 688156's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.5%), 688156's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688156 is paying a dividend but the company has no free cash flows.