Vontron Technology is a dividend paying company with a current yield of 1.54% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 30th September, 2024.
Key information
1.5%
Dividend yield
30%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
30 Sep 24
Ex dividend date
30 Sep 24
Dividend per share
CN¥0.123
Earnings per share
CN¥0.40
Dividend yield forecast
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000920 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 000920's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Vontron Technology Dividend Yield vs Market
How does 000920 dividend yield compare to the market?
Segment
Dividend Yield
Company (000920)
1.5%
Market Bottom 25% (CN)
0.7%
Market Top 25% (CN)
2.6%
Industry Average (Chemicals)
2.1%
Analyst forecast (000920) (up to 3 years)
n/a
Notable Dividend: 000920's dividend (1.54%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 000920's dividend (1.54%) is low compared to the top 25% of dividend payers in the CN market (2.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.4%), 000920's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.4%), 000920's dividend payments are well covered by cash flows.