Fujian Raynen Technology Dividend
Dividend criteria checks 3/6
Fujian Raynen Technology is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
34%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.29 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Fujian Raynen Technology Co., Ltd. (SHSE:603933) Investors Are Less Pessimistic Than Expected
Jun 07
Some Investors May Be Worried About Fujian Raynen Technology's (SHSE:603933) Returns On Capital
Apr 23Concerns Surrounding Fujian Raynen Technology's (SHSE:603933) Performance
Apr 02Earnings Tell The Story For Fujian Raynen Technology Co., Ltd. (SHSE:603933) As Its Stock Soars 27%
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603933 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603933 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| Fujian Raynen Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603933) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast in 3 Years (603933) | n/a |
Notable Dividend: 603933's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 603933's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.5%), 603933's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.9%), 603933's dividend payments are covered by cash flows.