Ferrotec (An Hui) Technology Development Co.,LTD

XSEC:301297 Stock Report

Market Cap: CN¥6.2b

Ferrotec (An Hui) Technology DevelopmentLTD Dividend

Dividend criteria checks 2/6

Ferrotec (An Hui) Technology DevelopmentLTD is a dividend paying company with a current yield of 0.44% that is well covered by earnings.

Key information

0.4%

Dividend yield

28%

Payout ratio

Industry average yield1.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.080
Earnings per shareCN¥0.28
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 301297's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 301297's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Ferrotec (An Hui) Technology DevelopmentLTD Dividend Yield vs Market
How does 301297 dividend yield compare to the market?
SegmentDividend Yield
Company (301297)0.4%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.7%
Industry Average (Commercial Services)1.7%
Analyst forecast in 3 Years (301297)n/a

Notable Dividend: 301297's dividend (0.44%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.74%).

High Dividend: 301297's dividend (0.44%) is low compared to the top 25% of dividend payers in the CN market (2.71%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.2%), 301297's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.9%), 301297's dividend payments are well covered by cash flows.


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