Shenzhen New Industries Biomedical Engineering Dividend
Dividend criteria checks 3/6
Shenzhen New Industries Biomedical Engineering is a dividend paying company with a current yield of 1.41% that is well covered by earnings.
Key information
1.4%
Dividend yield
46%
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¥2.20 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Here's Why We Think Shenzhen New Industries Biomedical Engineering (SZSE:300832) Might Deserve Your Attention Today
Apr 09
The Returns On Capital At Shenzhen New Industries Biomedical Engineering (SZSE:300832) Don't Inspire Confidence
Mar 18Estimating The Fair Value Of Shenzhen New Industries Biomedical Engineering Co., Ltd. (SZSE:300832)
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300832 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300832 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen New Industries Biomedical Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300832) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast in 3 Years (300832) | 2.6% |
Notable Dividend: 300832's dividend (1.41%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300832's dividend (1.41%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.5%), 300832's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.5%), 300832's dividend payments are covered by cash flows.