Sichuan Joyou Digital TechnologiesLtd Dividend
Dividend criteria checks 2/6
Sichuan Joyou Digital TechnologiesLtd is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
53%
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¥0.62 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301172's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301172's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sichuan Joyou Digital TechnologiesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301172) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (IT) | 1.0% |
| Analyst forecast in 3 Years (301172) | n/a |
Notable Dividend: 301172's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 301172's dividend (1.21%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), 301172's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.7%), 301172's dividend payments are not well covered by cash flows.