Loctek Ergonomic Technology Dividend
Dividend criteria checks 2/6
Loctek Ergonomic Technology is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
39%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥1.01 |
| Dividend yield forecast in 3Y | 2.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300729 has been paying a dividend for less than 10 years.
Growing Dividend: 300729's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Loctek Ergonomic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300729) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Commercial Services) | 1.6% |
| Analyst forecast in 3 Years (300729) | 2.9% |
Notable Dividend: 300729's dividend (2.27%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300729's dividend (2.27%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), 300729's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300729 is paying a dividend but the company has no free cash flows.