Jiangsu Zeyu Intelligent PowerLtd is a dividend paying company with a current yield of 2.39% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 21st May, 2024.
Key information
2.4%
Dividend yield
54%
Payout ratio
Industry average yield
1.0%
Next dividend pay date
21 May 24
Ex dividend date
21 May 24
Dividend per share
n/a
Earnings per share
CN¥1.02
Dividend yield forecast in 3Y
2.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301179 has been paying a dividend for less than 10 years.
Growing Dividend: 301179's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Jiangsu Zeyu Intelligent PowerLtd Dividend Yield vs Market
How does 301179 dividend yield compare to the market?
Segment
Dividend Yield
Company (301179)
2.4%
Market Bottom 25% (CN)
0.6%
Market Top 25% (CN)
2.2%
Industry Average (IT)
1.0%
Analyst forecast in 3 Years (301179)
2.4%
Notable Dividend: 301179's dividend (2.39%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301179's dividend (2.39%) is in the top 25% of dividend payers in the CN market (2.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.4%), 301179's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (208.1%), 301179's dividend payments are not well covered by cash flows.