Jiangsu Lettall ElectronicLtd Dividend
Dividend criteria checks 2/6
Jiangsu Lettall ElectronicLtd is a dividend paying company with a current yield of 0.57% that is well covered by earnings.
Key information
0.6%
Dividend yield
38%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.090 |
Earnings per share | CN¥0.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Jun 24We Think Jiangsu Lettall ElectronicLtd (SHSE:603629) Can Manage Its Debt With Ease
Apr 24Lacklustre Performance Is Driving Jiangsu Lettall Electronic Co.,Ltd's (SHSE:603629) Low P/S
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603629 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603629 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Jiangsu Lettall ElectronicLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603629) | 0.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electronic) | 1.6% |
Analyst forecast in 3 Years (603629) | n/a |
Notable Dividend: 603629's dividend (0.57%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 603629's dividend (0.57%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), 603629's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.2%), 603629's dividend payments are thoroughly covered by cash flows.