Shanghai Suochen Information TechnologyLtd Dividend
Dividend criteria checks 1/6
Shanghai Suochen Information TechnologyLtd is a dividend paying company with a current yield of 0.42% that is well covered by earnings.
Key information
0.4%
Dividend yield
10%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.91 |
Dividend yield forecast in 3Y | 0.09% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688507's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688507's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shanghai Suochen Information TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688507) | 0.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Software) | 0.8% |
Analyst forecast in 3 Years (688507) | 0.09% |
Notable Dividend: 688507's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688507's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10%), 688507's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688507 is paying a dividend but the company has no free cash flows.