Range Intelligent Computing Technology Group Dividend
Dividend criteria checks 2/6
Range Intelligent Computing Technology Group is a dividend paying company with a current yield of 2.06% that is well covered by earnings.
Key information
2.1%
Dividend yield
45%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.517 |
| Earnings per share | CN¥1.18 |
| Dividend yield forecast | 3.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300442 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300442 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Range Intelligent Computing Technology Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300442) | 2.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (IT) | 1.1% |
| Analyst forecast (300442) (up to 3 years) | 3.7% |
Notable Dividend: 300442's dividend (2.06%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 300442's dividend (2.06%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.6%), 300442's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300442 is paying a dividend but the company has no free cash flows.