Jolywood (Suzhou) SunwattLtd Dividend
Dividend criteria checks 2/6
Jolywood (Suzhou) SunwattLtd is a dividend paying company with a current yield of 2.45% that is well covered by earnings. Next payment date is on 9th July, 2024 with an ex-dividend date of 9th July, 2024.
Key information
2.4%
Dividend yield
59%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 09 Jul 24 |
| Ex dividend date | 09 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | CN¥0.23 |
| Dividend yield forecast in 3Y | 0% |
Recent dividend updates
Recent updates
Jolywood (Suzhou) SunwattLtd (SZSE:300393) Has Announced That It Will Be Increasing Its Dividend To CN¥0.138
Jul 05
A Look At The Fair Value Of Jolywood (Suzhou) Sunwatt Co.,Ltd. (SZSE:300393)
Jun 27Jolywood (Suzhou) Sunwatt's (SZSE:300393) Solid Earnings Have Been Accounted For Conservatively
May 01Jolywood (Suzhou) Sunwatt Co., Ltd. (SZSE:300393) Could Be Riskier Than It Looks
Mar 25Investors Will Want Jolywood (Suzhou) Sunwatt's (SZSE:300393) Growth In ROCE To Persist
Feb 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300393 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300393's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Jolywood (Suzhou) SunwattLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300393) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Semiconductor) | 1.1% |
| Analyst forecast in 3 Years (300393) | 0% |
Notable Dividend: 300393's dividend (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300393's dividend (2.45%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.3%), 300393's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300393 is paying a dividend but the company has no free cash flows.