Darbond Technology Dividend
Dividend criteria checks 1/6
Darbond Technology is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Earnings per share | CN¥0.61 |
| Dividend yield forecast | 0.6% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688035 has been paying a dividend for less than 10 years.
Growing Dividend: 688035 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Darbond Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688035) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Chemicals) | 1.9% |
| Analyst forecast (688035) (up to 3 years) | 0.6% |
Notable Dividend: 688035's dividend (0.6%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 688035's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.9%), 688035's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (119.3%), 688035's dividend payments are not well covered by cash flows.