Shanghai Putailai New Energy TechnologyLtd Dividend
Dividend criteria checks 2/6
Shanghai Putailai New Energy TechnologyLtd is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
17%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.78 |
| Dividend yield forecast in 3Y | 1.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603659 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603659's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shanghai Putailai New Energy TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603659) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Chemicals) | 2.1% |
| Analyst forecast in 3 Years (603659) | 1.6% |
Notable Dividend: 603659's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603659's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), 603659's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603659 is paying a dividend but the company has no free cash flows.