Anhui Ronds Science & Technology Dividend
Dividend criteria checks 1/6
Anhui Ronds Science & Technology is a dividend paying company with a current yield of 0.48% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 6th June, 2024.
Key information
0.5%
Dividend yield
15%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | 06 Jun 24 |
Ex dividend date | 06 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.77 |
Dividend yield forecast in 3Y | 1.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688768 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688768 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Anhui Ronds Science & Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688768) | 0.5% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (688768) | 1.0% |
Notable Dividend: 688768's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 688768's dividend (0.48%) is low compared to the top 25% of dividend payers in the CN market (2.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.7%), 688768's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688768 is paying a dividend but the company has no free cash flows.