Shanghai National Center of Testing and Inspection for Electric Cable and Wire Dividend
Dividend criteria checks 3/6
Shanghai National Center of Testing and Inspection for Electric Cable and Wire is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.99 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301289's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301289's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai National Center of Testing and Inspection for Electric Cable and Wire Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301289) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Professional Services) | 1.3% |
| Analyst forecast in 3 Years (301289) | n/a |
Notable Dividend: 301289's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301289's dividend (0.93%) 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 (35.3%), 301289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.5%), 301289's dividend payments are well covered by cash flows.