Dezhou United Petroleum TechnologyLtd Dividend
Dividend criteria checks 2/6
Dezhou United Petroleum TechnologyLtd is a dividend paying company with a current yield of 2.72% that is well covered by earnings.
Key information
2.7%
Dividend yield
53%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.305 |
| Earnings per share | CN¥0.58 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
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 2 years.
Dividend Yield vs Market
| Dezhou United Petroleum TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301158) | 2.7% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast in 3 Years (301158) | n/a |
Notable Dividend: 301158's dividend (2.72%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 301158's dividend (2.72%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.8%), 301158's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (102.2%), 301158's dividend payments are not well covered by cash flows.