Shanghai National Center of Testing and Inspection for Electric Cable and Wire Dividends and Buybacks
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 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Shanghai National Center of Testing and Inspection for Electric Cable and Wire's (SZSE:301289) Returns On Capital
Oct 25
Calculating The Fair Value Of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd. (SZSE:301289)
Apr 09Shanghai National Center of Testing and Inspection for Electric Cable and Wire (SZSE:301289) Will Be Hoping To Turn Its Returns On Capital Around
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301289 has been paying a dividend for less than 10 years.
Growing Dividend: 301289's dividend payments have increased, but the company has only paid a dividend for 2 years.
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) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Professional Services) | 1.3% |
| Analyst forecast (301289) (up to 3 years) | n/a |
Notable Dividend: 301289's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301289's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.1%), 301289's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.6%), 301289's dividend payments are well covered by cash flows.