Shenzhen Textile (Holdings) Dividend
Dividend criteria checks 3/6
Shenzhen Textile (Holdings) is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
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¥0.17 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Shenzhen Textile (Holdings)'s (SZSE:000045) Profits Appear To Have Quality Issues
Apr 03What Shenzhen Textile (Holdings) Co., Ltd.'s (SZSE:000045) 30% Share Price Gain Is Not Telling You
Mar 08There's Been No Shortage Of Growth Recently For Shenzhen Textile (Holdings)'s (SZSE:000045) Returns On Capital
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 000045 has been paying a dividend for less than 10 years.
Growing Dividend: 000045's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Shenzhen Textile (Holdings) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (45) | 0.7% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (45) | n/a |
Notable Dividend: 000045's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 000045's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), 000045's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), 000045's dividend payments are well covered by cash flows.