Kingclean ElectricLtd Dividends and Buybacks
Dividend criteria checks 3/6
Kingclean ElectricLtd is a dividend paying company with a current yield of 6.3% that is well covered by earnings.
Key information
6.3%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 0% |
| Dividend Growth | 6.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 74% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603355 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603355's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Kingclean ElectricLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603355) | 6.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Consumer Durables) | 3.5% |
| Analyst forecast (603355) (up to 3 years) | 0% |
Notable Dividend: 603355's dividend (6.3%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 603355's dividend (6.3%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.5%), 603355's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.8%), 603355's dividend payments are not well covered by cash flows.