Shenzhen S.C New Energy Technology Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen S.C New Energy Technology is a dividend paying company with a current yield of 1.78% that is well covered by earnings.
Key information
1.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 36.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.200 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
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 6 years.
Dividend Yield vs Market
| Shenzhen S.C New Energy Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300724) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (300724) (up to 3 years) | 2.4% |
Notable Dividend: 300724's dividend (1.78%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300724's dividend (1.78%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.2%), 300724's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), 300724's dividend payments are well covered by cash flows.