Shanghai Rongtai Health Technology Dividend
Dividend criteria checks 4/6
Shanghai Rongtai Health Technology is a dividend paying company with a current yield of 4.36% that is well covered by earnings.
Key information
4.4%
Dividend yield
66%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.52 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603579 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603579's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Shanghai Rongtai Health Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603579) | 4.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Leisure) | 1.8% |
Analyst forecast in 3 Years (603579) | 2.7% |
Notable Dividend: 603579's dividend (4.36%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 603579's dividend (4.36%) is in the top 25% of dividend payers in the CN market (2.42%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.2%), 603579's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.3%), 603579's dividend payments are covered by cash flows.