Yongjin Technology Group Dividend
Dividend criteria checks 3/6
Yongjin Technology Group is a dividend paying company with a current yield of 2.69% that is well covered by earnings.
Key information
2.7%
Dividend yield
39%
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¥1.31 |
| Dividend yield forecast in 3Y | 1.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603995 has been paying a dividend for less than 10 years.
Growing Dividend: 603995's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Yongjin Technology Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603995) | 2.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast in 3 Years (603995) | 1.3% |
Notable Dividend: 603995's dividend (2.69%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603995's dividend (2.69%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), 603995's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603995 is paying a dividend but the company has no free cash flows.