Jinneng Science&TechnologyLtd Dividend
Dividend criteria checks 2/6
Jinneng Science&TechnologyLtd is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
32%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.094 |
| Earnings per share | CN¥0.30 |
| Dividend yield forecast in 3Y | 10.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603113 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603113 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Jinneng Science&TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603113) | 2.0% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast in 3 Years (603113) | 10.2% |
Notable Dividend: 603113's dividend (2.03%) is higher than the bottom 25% of dividend payers in the CN market (0.76%).
High Dividend: 603113's dividend (2.03%) is low compared to the top 25% of dividend payers in the CN market (2.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.5%), 603113's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603113 is paying a dividend but the company has no free cash flows.