Contec Medical SystemsLtd Dividend
Dividend criteria checks 3/6
Contec Medical SystemsLtd is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
23%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300869 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300869 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Contec Medical SystemsLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300869) | 0.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Medical Equipment) | 2.2% |
Analyst forecast in 3 Years (300869) | n/a |
Notable Dividend: 300869's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 300869's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.1%), 300869's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), 300869's dividend payments are well covered by cash flows.