Shanghai New Centurion Network Information Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai New Centurion Network Information Technology is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -25.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0857 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Shanghai New Centurion Network Information Technology Co., Ltd.'s (SHSE:605398) 27% Share Price Surge Not Quite Adding Up
Sep 30
Shanghai New Centurion Network Information Technology (SHSE:605398) May Have Issues Allocating Its Capital
Aug 19Shanghai New Centurion Network Information Technology's (SHSE:605398) Earnings Seem To Be Promising
May 03Capital Allocation Trends At Shanghai New Centurion Network Information Technology (SHSE:605398) Aren't Ideal
Apr 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605398 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605398 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai New Centurion Network Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605398) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (IT) | 0.7% |
| Analyst forecast (605398) (up to 3 years) | n/a |
Notable Dividend: 605398's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 605398's dividend (0.38%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 605398's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25%), 605398's dividend payments are well covered by cash flows.