Chongqing Millison Technologies Dividend
Dividend criteria checks 1/6
Chongqing Millison Technologies is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.41 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301307's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301307's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Chongqing Millison Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301307) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast in 3 Years (301307) | n/a |
Notable Dividend: 301307's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301307's dividend (0.5%) is low compared to the top 25% of dividend payers in the CN market (2.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 301307's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301307 is paying a dividend but the company has no free cash flows.