Shenyang Fortune Precision Equipment Dividend
Dividend criteria checks 2/6
Shenyang Fortune Precision Equipment is a dividend paying company with a current yield of 0.98% that is well covered by earnings.
Key information
1.0%
Dividend yield
68%
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¥0.81 |
| Dividend yield forecast in 3Y | 1.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688409's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688409's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenyang Fortune Precision Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688409) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Semiconductor) | 1.4% |
| Analyst forecast in 3 Years (688409) | 1.0% |
Notable Dividend: 688409's dividend (0.98%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688409's dividend (0.98%) 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 (68.2%), 688409's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688409 is paying a dividend but the company has no free cash flows.