Shenzhen Fortune Trend technology Dividend
Dividend criteria checks 3/6
Shenzhen Fortune Trend technology is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
34%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.33 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688318 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688318's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Shenzhen Fortune Trend technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688318) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Software) | 0.8% |
Analyst forecast in 3 Years (688318) | 1.0% |
Notable Dividend: 688318's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 688318's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 688318's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.3%), 688318's dividend payments are covered by cash flows.