Jenkem Technology Dividend
Dividend criteria checks 2/6
Jenkem Technology is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥2.02 |
| Dividend yield forecast in 3Y | 1.2% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688356 has been paying a dividend for less than 10 years.
Growing Dividend: 688356's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Jenkem Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688356) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Pharmaceuticals) | 1.8% |
| Analyst forecast in 3 Years (688356) | 1.2% |
Notable Dividend: 688356's dividend (1.18%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688356's dividend (1.18%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.8%), 688356's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688356 is paying a dividend but the company has no free cash flows.