Zhenjiang Dongfang Electric Heating TechnologyLtd Dividend
Dividend criteria checks 3/6
Zhenjiang Dongfang Electric Heating TechnologyLtd is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.9%
Dividend yield
16%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.45 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Benign Growth For Zhenjiang Dongfang Electric Heating Technology Co.,Ltd (SZSE:300217) Underpins Its Share Price
Jun 10
Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217) Is Increasing Its Dividend To CN¥0.068
May 26Zhenjiang Dongfang Electric Heating TechnologyLtd's (SZSE:300217) Performance Raises Some Questions
May 02Here's Why Zhenjiang Dongfang Electric Heating TechnologyLtd (SZSE:300217) Has Caught The Eye Of Investors
Apr 24Zhenjiang Dongfang Electric Heating Technology Co.,Ltd's (SZSE:300217) Earnings Are Not Doing Enough For Some Investors
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300217's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300217's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Zhenjiang Dongfang Electric Heating TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300217) | 1.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Consumer Durables) | 3.7% |
| Analyst forecast in 3 Years (300217) | 1.6% |
Notable Dividend: 300217's dividend (1.85%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300217's dividend (1.85%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.7%), 300217's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300217 is paying a dividend but the company has no free cash flows.