Dezhou United Petroleum TechnologyLtd Dividend
Dividend criteria checks 3/6
Dezhou United Petroleum TechnologyLtd is a dividend paying company with a current yield of 2.14% that is well covered by earnings.
Key information
2.1%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.305 |
| Payout ratio | 46% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301158 has been paying a dividend for less than 10 years.
Growing Dividend: 301158's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Dezhou United Petroleum TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301158) | 2.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (301158) (up to 3 years) | n/a |
Notable Dividend: 301158's dividend (2.14%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 301158's dividend (2.14%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), 301158's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31%), 301158's dividend payments are well covered by cash flows.