Sichuan Joyou Digital TechnologiesLtd Dividend
Dividend criteria checks 2/6
Sichuan Joyou Digital TechnologiesLtd is a dividend paying company with a current yield of 1.66% that is well covered by earnings.
Key information
1.7%
Dividend yield
53%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.400 |
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 |
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Segment | Dividend Yield |
---|---|
Company (301172) | 1.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (IT) | 1.2% |
Analyst forecast in 3 Years (301172) | n/a |
Notable Dividend: 301172's dividend (1.66%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301172's dividend (1.66%) is low compared to the top 25% of dividend payers in the CN market (2.62%).
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.