Micro-Tech (Nanjing)Ltd Dividend
Dividend criteria checks 3/6
Micro-Tech (Nanjing)Ltd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
21%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥3.03 |
Dividend yield forecast in 3Y | 1.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688029 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688029 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Micro-Tech (Nanjing)Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688029) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (688029) | 1.9% |
Notable Dividend: 688029's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688029's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), 688029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.1%), 688029's dividend payments are covered by cash flows.