Xuchang KETOP Testing Research InstituteLtd Dividend
Dividend criteria checks 3/6
Xuchang KETOP Testing Research InstituteLtd is a dividend paying company with a current yield of 1.39% that is well covered by earnings.
Key information
1.4%
Dividend yield
43%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.54 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Xuchang KETOP Testing Research InstituteLtd (SZSE:003008) Has Announced That Its Dividend Will Be Reduced To CN¥0.30
May 23
Be Wary Of Xuchang KETOP Testing Research InstituteLtd (SZSE:003008) And Its Returns On Capital
Apr 17Xuchang KETOP Testing Research Institute Co.,Ltd (SZSE:003008) Stock Catapults 37% Though Its Price And Business Still Lag The Market
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003008 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003008 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Xuchang KETOP Testing Research InstituteLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3008) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Professional Services) | 1.7% |
| Analyst forecast in 3 Years (3008) | n/a |
Notable Dividend: 003008's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 003008's dividend (1.39%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), 003008's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), 003008's dividend payments are well covered by cash flows.