Jinneng Science&TechnologyLtd Dividend
Dividend criteria checks 2/6
Jinneng Science&TechnologyLtd is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 16.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.094 |
| Payout ratio | 67% |
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) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.2% |
| Analyst forecast (603113) (up to 3 years) | 2.4% |
Notable Dividend: 603113's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603113's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.3%), 603113's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (132.5%), 603113's dividend payments are not well covered by cash flows.