EMTEK (Shenzhen) Dividend
Dividend criteria checks 2/6
EMTEK (Shenzhen) is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
21%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.228 |
| Earnings per share | CN¥1.14 |
| Dividend yield forecast | 1.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300938 has been paying a dividend for less than 10 years.
Growing Dividend: 300938's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| EMTEK (Shenzhen) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300938) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Professional Services) | 1.5% |
| Analyst forecast (300938) (up to 3 years) | 1.2% |
Notable Dividend: 300938's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300938's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.7%), 300938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (195.8%), 300938's dividend payments are not well covered by cash flows.