Kingnet Network Dividend
Dividend criteria checks 3/6
Kingnet Network is a dividend paying company with a current yield of 2.22% that is well covered by earnings.
Key information
2.2%
Dividend yield
26%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.76 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Is There An Opportunity With Kingnet Network Co., Ltd.'s (SZSE:002517) 48% Undervaluation?
Jul 12
With EPS Growth And More, Kingnet Network (SZSE:002517) Makes An Interesting Case
Jun 14Kingnet Network Co., Ltd.'s (SZSE:002517) Business And Shares Still Trailing The Market
May 21Kingnet Network Co., Ltd. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
May 02Are Investors Undervaluing Kingnet Network Co., Ltd. (SZSE:002517) By 33%?
Apr 07Is Now The Time To Put Kingnet Network (SZSE:002517) On Your Watchlist?
Mar 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002517 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002517's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Kingnet Network Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002517) | 2.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Entertainment) | 1.9% |
| Analyst forecast in 3 Years (002517) | 4.6% |
Notable Dividend: 002517's dividend (2.22%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002517's dividend (2.22%) 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 (26.3%), 002517's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.6%), 002517's dividend payments are well covered by cash flows.