Shanghai Runda Medical Technology Dividend
Dividend criteria checks 3/6
Shanghai Runda Medical Technology is a dividend paying company with a current yield of 0.83% that is well covered by earnings.
Key information
0.8%
Dividend yield
22%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.66 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Does Shanghai Runda Medical Technology (SHSE:603108) Deserve A Spot On Your Watchlist?
Mar 21Shanghai Runda Medical Technology Co., Ltd. (SHSE:603108) Stock Rockets 31% But Many Are Still Ignoring The Company
Mar 04These 4 Measures Indicate That Shanghai Runda Medical Technology (SHSE:603108) Is Using Debt Extensively
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603108 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603108's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Shanghai Runda Medical Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603108) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Life Sciences) | 1.5% |
Analyst forecast in 3 Years (603108) | n/a |
Notable Dividend: 603108's dividend (0.83%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603108's dividend (0.83%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 603108's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47%), 603108's dividend payments are well covered by cash flows.