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 1.46% that is well covered by earnings.
Key information
1.5%
Dividend yield
43%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.000 |
Earnings per share | CN¥2.30 |
Dividend yield forecast | 2.6% |
Recent dividend updates
Recent updates
Shenzhen New Industries Biomedical Engineering Co., Ltd. (SZSE:300832) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 25A Look At The Intrinsic Value Of Shenzhen New Industries Biomedical Engineering Co., Ltd. (SZSE:300832)
Jul 01Here's Why We Think Shenzhen New Industries Biomedical Engineering (SZSE:300832) Might Deserve Your Attention Today
Apr 09The 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 |
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Segment | Dividend Yield |
---|---|
Company (300832) | 1.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Medical Equipment) | 1.8% |
Analyst forecast (300832) (up to 3 years) | 2.6% |
Notable Dividend: 300832's dividend (1.46%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 300832's dividend (1.46%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), 300832's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.7%), 300832's dividend payments are covered by cash flows.