Asia Cuanon Technology (Shanghai)Ltd Dividend
Dividend criteria checks 3/6
Asia Cuanon Technology (Shanghai)Ltd is a dividend paying company with a current yield of 1.26% that is well covered by earnings.
Key information
1.3%
Dividend yield
27%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -CN¥0.013 |
| Dividend yield forecast in 3Y | 7.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603378 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603378 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Asia Cuanon Technology (Shanghai)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603378) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.0% |
| Analyst forecast in 3 Years (603378) | 7.1% |
Notable Dividend: 603378's dividend (1.26%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603378's dividend (1.26%) 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 (26.7%), 603378's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.5%), 603378's dividend payments are well covered by cash flows.