Sichuan Newsnet Media (Group)Ltd Dividend
Dividend criteria checks 1/6
Sichuan Newsnet Media (Group)Ltd is a dividend paying company with a current yield of 1.39%.
Key information
1.4%
Dividend yield
116%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.16 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 09
Be Wary Of Sichuan Newsnet Media (Group)Ltd (SZSE:300987) And Its Returns On Capital
Jun 07We Believe That Sichuan Newsnet Media (Group)Ltd's (SZSE:300987) Weak Earnings Are A Good Indicator Of Underlying Profitability
May 03Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 27% Share Price Plunge Could Signal Some Risk
Apr 22What Sichuan Newsnet Media (Group) Co.,Ltd.'s (SZSE:300987) 42% Share Price Gain Is Not Telling You
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300987 has been paying a dividend for less than 10 years.
Growing Dividend: 300987's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Sichuan Newsnet Media (Group)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300987) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Media) | 2.9% |
| Analyst forecast in 3 Years (300987) | n/a |
Notable Dividend: 300987's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300987's dividend (1.39%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.3%), 300987's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (923.1%), 300987's dividend payments are not well covered by cash flows.