Shenzhen Xinyichang Technology Dividend
Dividend criteria checks 1/6
Shenzhen Xinyichang Technology is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
58%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.30 |
Dividend yield forecast in 3Y | 1.4% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688383 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688383 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Shenzhen Xinyichang Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688383) | 0.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.4% |
Analyst forecast in 3 Years (688383) | 1.4% |
Notable Dividend: 688383's dividend (0.46%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688383's dividend (0.46%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.2%), 688383's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688383 is paying a dividend but the company has no free cash flows.