Richinfo Technology Dividend
Dividend criteria checks 3/6
Richinfo Technology is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
22%
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¥0.78 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300634 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300634's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Richinfo Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300634) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (IT) | 1.0% |
| Analyst forecast in 3 Years (300634) | 1.6% |
Notable Dividend: 300634's dividend (0.88%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300634's dividend (0.88%) is low compared to the top 25% of dividend payers in the CN market (2.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 300634's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65%), 300634's dividend payments are covered by cash flows.