Zhejiang Shuangyuan Technology Dividend
Dividend criteria checks 3/6
Zhejiang Shuangyuan Technology is a dividend paying company with a current yield of 2.79% that is well covered by earnings.
Key information
2.8%
Dividend yield
66%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥2.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688623's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688623's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zhejiang Shuangyuan Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688623) | 2.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (688623) | n/a |
Notable Dividend: 688623's dividend (2.79%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 688623's dividend (2.79%) is in the top 25% of dividend payers in the CN market (2.49%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.4%), 688623's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688623 is paying a dividend but the company has no free cash flows.