Zhejiang Sunoren Solar TechnologyLtd Dividend
Dividend criteria checks 2/6
Zhejiang Sunoren Solar TechnologyLtd is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Earnings per share | CN¥0.43 |
| Dividend yield forecast | 3.2% |
Recent dividend updates
No updates
Recent updates
Zhejiang Sunoren Solar Technology Co.,Ltd. (SHSE:603105) Looks Inexpensive After Falling 25% But Perhaps Not Attractive Enough
Jul 17
We Think Zhejiang Sunoren Solar TechnologyLtd (SHSE:603105) Is Taking Some Risk With Its Debt
Jun 09We Like These Underlying Return On Capital Trends At Zhejiang Sunoren Solar TechnologyLtd (SHSE:603105)
May 21Zhejiang Sunoren Solar Technology Co.,Ltd. (SHSE:603105) Analysts Are Reducing Their Forecasts For This Year
Apr 02Investors Still Aren't Entirely Convinced By Zhejiang Sunoren Solar Technology Co.,Ltd.'s (SHSE:603105) Earnings Despite 29% Price Jump
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603105 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603105's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Zhejiang Sunoren Solar TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603105) | 1.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast (603105) (up to 3 years) | 3.2% |
Notable Dividend: 603105's dividend (1.84%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603105's dividend (1.84%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.9%), 603105's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603105 is paying a dividend but the company has no free cash flows.