Richinfo Technology Dividend
Dividend criteria checks 3/6
Richinfo Technology is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
22%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.168 |
Earnings per share | CN¥0.78 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Some Investors May Be Worried About Richinfo Technology's (SZSE:300634) Returns On Capital
Aug 01Does Richinfo Technology (SZSE:300634) Deserve A Spot On Your Watchlist?
May 25Investors Shouldn't Be Too Comfortable With Richinfo Technology's (SZSE:300634) Earnings
Apr 22Richinfo Technology (SZSE:300634) Is Reinvesting At Lower Rates Of Return
Mar 20Improved Earnings Required Before Richinfo Technology Co., Ltd. (SZSE:300634) Stock's 27% Jump Looks Justified
Mar 04Stability 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) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (IT) | 1.2% |
Analyst forecast in 3 Years (300634) | 1.1% |
Notable Dividend: 300634's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 300634's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
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.