Shenzhen King Explorer Science and Technology Corporation

SZSE:002917 Stock Report

Market Cap: CN¥3.5b

Shenzhen King Explorer Science and Technology Dividend

Dividend criteria checks 2/6

Shenzhen King Explorer Science and Technology is a dividend paying company with a current yield of 0.59% that is well covered by earnings.

Key information

0.6%

Dividend yield

35%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.32
Dividend yield forecast in 3Y3.6%

Recent dividend updates

Recent updates

Shenzhen King Explorer Science and Technology's (SZSE:002917) Strong Earnings Are Of Good Quality

Apr 26
Shenzhen King Explorer Science and Technology's (SZSE:002917) Strong Earnings Are Of Good Quality

Capital Allocation Trends At Shenzhen King Explorer Science and Technology (SZSE:002917) Aren't Ideal

Apr 04
Capital Allocation Trends At Shenzhen King Explorer Science and Technology (SZSE:002917) Aren't Ideal

Earnings Tell The Story For Shenzhen King Explorer Science and Technology Corporation (SZSE:002917) As Its Stock Soars 31%

Mar 08
Earnings Tell The Story For Shenzhen King Explorer Science and Technology Corporation (SZSE:002917) As Its Stock Soars 31%

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002917 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002917 has only been paying a dividend for 6 years, and since then payments have fallen.


Dividend Yield vs Market

Shenzhen King Explorer Science and Technology Dividend Yield vs Market
How does 2917 dividend yield compare to the market?
SegmentDividend Yield
Company (2917)0.6%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Chemicals)1.9%
Analyst forecast in 3 Years (2917)3.6%

Notable Dividend: 002917's dividend (0.59%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).

High Dividend: 002917's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (2.26%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.1%), 002917's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.9%), 002917's dividend payments are well covered by cash flows.


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