Guangdong AVCiT Technology Holding Dividend
Dividend criteria checks 2/6
Guangdong AVCiT Technology Holding is a dividend paying company with a current yield of 2.06% that is well covered by earnings. Last payment was on 28th June, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.1%
Dividend yield
71%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.85 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001229's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001229's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Guangdong AVCiT Technology Holding Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (001229) | 2.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Communications) | 1.3% |
Analyst forecast in 3 Years (001229) | n/a |
Notable Dividend: 001229's dividend (2.06%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 001229's dividend (2.06%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.7%), 001229's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (112%), 001229's dividend payments are not well covered by cash flows.