Shanghai Rendu Biotechnology Dividend
Dividend criteria checks 3/6
Shanghai Rendu Biotechnology is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
43%
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¥0.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
There Are Some Holes In Shanghai Rendu Biotechnology's (SHSE:688193) Solid Earnings Release
May 06We Like These Underlying Return On Capital Trends At Shanghai Rendu Biotechnology (SHSE:688193)
Apr 17What Shanghai Rendu Biotechnology Co., Ltd.'s (SHSE:688193) 29% Share Price Gain Is Not Telling You
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688193's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688193's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shanghai Rendu Biotechnology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (688193) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Medical Equipment) | 1.6% |
Analyst forecast in 3 Years (688193) | n/a |
Notable Dividend: 688193's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 688193's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), 688193's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.5%), 688193's dividend payments are covered by cash flows.