Shanghai Rongtai Health Technology Dividend
Dividend criteria checks 3/6
Shanghai Rongtai Health Technology is a dividend paying company with a current yield of 5.77% that is well covered by earnings.
Key information
5.8%
Dividend yield
59%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.769 |
Earnings per share | CN¥1.31 |
Dividend yield forecast in 3Y | 7.3% |
Recent dividend updates
No updates
Recent updates
Improved Earnings Required Before Shanghai Rongtai Health Technology Corporation Limited (SHSE:603579) Stock's 27% Jump Looks Justified
May 10Earnings Update: Shanghai Rongtai Health Technology Corporation Limited (SHSE:603579) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Apr 19Stability 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) | 5.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Leisure) | 2.4% |
Analyst forecast in 3 Years (603579) | 7.3% |
Notable Dividend: 603579's dividend (5.77%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603579's dividend (5.77%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), 603579's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160%), 603579's dividend payments are not well covered by cash flows.