Kingnet Network Dividend
Dividend criteria checks 3/6
Kingnet Network is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
18%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.56 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability 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 (2517) | 1.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Entertainment) | 1.6% |
Analyst forecast in 3 Years (2517) | 1.1% |
Notable Dividend: 002517's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002517's dividend (1.7%) is low compared to the top 25% of dividend payers in the CN market (2.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.5%), 002517's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), 002517's dividend payments are well covered by cash flows.