Shandong Teamgene Technology Dividend
Dividend criteria checks 2/6
Shandong Teamgene Technology is a dividend paying company with a current yield of 1.75% that is well covered by earnings. Next payment date is on 4th July, 2024 with an ex-dividend date of 4th July, 2024.
Key information
1.7%
Dividend yield
42%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | 04 Jul 24 |
Ex dividend date | 04 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.48 |
Dividend yield forecast in 3Y | 1.3% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603151's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603151's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shandong Teamgene Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603151) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Food) | 2.5% |
Analyst forecast in 3 Years (603151) | 1.3% |
Notable Dividend: 603151's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603151's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.6%), 603151's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603151 is paying a dividend but the company has no free cash flows.