Micro-Tech (Nanjing) Co.,Ltd

SHSE:688029 Stock Report

Market Cap: CN¥12.9b

Micro-Tech (Nanjing)Ltd Dividend

Dividend criteria checks 3/6

Micro-Tech (Nanjing)Ltd is a dividend paying company with a current yield of 1.45% that is well covered by earnings.

Key information

1.4%

Dividend yield

53%

Payout ratio

Industry average yield1.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥1.000
Earnings per shareCN¥2.84
Dividend yield forecast1.5%

Recent dividend updates

Recent updates

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Oct 01
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story

Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Aug 07
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital

Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

Jul 16
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors

An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Apr 17
An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued

Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

Mar 19
Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return

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's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Micro-Tech (Nanjing)Ltd Dividend Yield vs Market
How does 688029 dividend yield compare to the market?
SegmentDividend Yield
Company (688029)1.4%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Medical Equipment)1.5%
Analyst forecast (688029) (up to 3 years)1.5%

Notable Dividend: 688029's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).

High Dividend: 688029's dividend (1.45%) is low compared to the top 25% of dividend payers in the CN market (2.34%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.8%), 688029's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), 688029's dividend payments are covered by cash flows.


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