Shenzhen S.C New Energy Technology Dividend
Dividend criteria checks 3/6
Shenzhen S.C New Energy Technology is a dividend paying company with a current yield of 1.91% that is well covered by earnings.
Key information
1.9%
Dividend yield
22%
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¥5.39 |
Dividend yield forecast in 3Y | 0.9% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300724 has been paying a dividend for less than 10 years.
Growing Dividend: 300724's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Shenzhen S.C New Energy Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300724) | 1.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Semiconductor) | 1.4% |
Analyst forecast in 3 Years (300724) | 0.9% |
Notable Dividend: 300724's dividend (1.91%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300724's dividend (1.91%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.3%), 300724's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), 300724's dividend payments are well covered by cash flows.