Shanghai Conglin Environmental Protection Technology Dividend
Dividend criteria checks 3/6
Shanghai Conglin Environmental Protection Technology is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
67%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.360 |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688370's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688370's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shanghai Conglin Environmental Protection Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688370) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Commercial Services) | 1.6% |
Analyst forecast in 3 Years (688370) | n/a |
Notable Dividend: 688370's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688370's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.7%), 688370's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.7%), 688370's dividend payments are well covered by cash flows.