Risuntek Dividend
Dividend criteria checks 2/6
Risuntek is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
28%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.264 |
| Earnings per share | CN¥0.95 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Risuntek (SZSE:002981)
Sep 06
Not Many Are Piling Into Risuntek Inc. (SZSE:002981) Stock Yet As It Plummets 28%
Aug 11Here's Why We Think Risuntek (SZSE:002981) Might Deserve Your Attention Today
Jul 12Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year
Jun 03Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002981 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002981's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Risuntek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002981) | 1.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Consumer Durables) | 4.0% |
| Analyst forecast (002981) (up to 3 years) | n/a |
Notable Dividend: 002981's dividend (1.38%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 002981's dividend (1.38%) is low compared to the top 25% of dividend payers in the CN market (2.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.6%), 002981's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002981 is paying a dividend but the company has no free cash flows.