Shenzhen Lifotronic Technology Dividend
Dividend criteria checks 3/6
Shenzhen Lifotronic Technology is a dividend paying company with a current yield of 1.41% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
1.4%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 06 May 24 |
| Ex dividend date | 06 May 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.81 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688389 has been paying a dividend for less than 10 years.
Growing Dividend: 688389's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Shenzhen Lifotronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688389) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast in 3 Years (688389) | 1.9% |
Notable Dividend: 688389's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 688389's dividend (1.41%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 688389's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.9%), 688389's dividend payments are well covered by cash flows.