CETC Digital TechnologyLtd Dividend
Dividend criteria checks 3/6
CETC Digital TechnologyLtd is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
62%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.72 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
No updates
Recent updates
CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 08CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance Sheet
Mar 25Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% Bounce
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600850's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600850's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CETC Digital TechnologyLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600850) | 2.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (IT) | 1.0% |
Analyst forecast in 3 Years (600850) | 2.7% |
Notable Dividend: 600850's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600850's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), 600850's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600850 is paying a dividend but the company has no free cash flows.