CASTECH Dividend
Dividend criteria checks 3/6
CASTECH is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
52%
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¥0.48 |
Dividend yield forecast in 3Y | 0.8% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002222's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002222's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CASTECH Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2222) | 0.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (2222) | 0.8% |
Notable Dividend: 002222's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 002222's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), 002222's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002222 is paying a dividend but the company has no free cash flows.