ChinaEtek Service & Technology Dividend
Dividend criteria checks 2/6
ChinaEtek Service & Technology is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
28%
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¥1.39 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301208 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301208 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
ChinaEtek Service & Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301208) | 1.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (IT) | 1.0% |
Analyst forecast in 3 Years (301208) | n/a |
Notable Dividend: 301208's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301208's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), 301208's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301208 is paying a dividend but the company has no free cash flows.