CETC Digital TechnologyLtd Dividend
Dividend criteria checks 4/6
CETC Digital TechnologyLtd is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
62%
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¥0.72 |
Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600850's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600850's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CETC Digital TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600850) | 2.4% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (IT) | 1.0% |
Analyst forecast in 3 Years (600850) | 4.1% |
Notable Dividend: 600850's dividend (2.4%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 600850's dividend (2.4%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62%), 600850's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600850 is paying a dividend but the company has no free cash flows.