Fujian Star-net Communication Dividend
Dividend criteria checks 3/6
Fujian Star-net Communication is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.60 |
| Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Fujian Star-net Communication's (SZSE:002396) Weak Earnings Might Be Worse Than They Appear
May 02
These 4 Measures Indicate That Fujian Star-net Communication (SZSE:002396) Is Using Debt Reasonably Well
Apr 23Here's What's Concerning About Fujian Star-net Communication's (SZSE:002396) Returns On Capital
Mar 26Fujian Star-net Communication Co., LTD. (SZSE:002396) Soars 26% But It's A Story Of Risk Vs Reward
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002396's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002396's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fujian Star-net Communication Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2396) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Communications) | 1.2% |
| Analyst forecast in 3 Years (2396) | 2.6% |
Notable Dividend: 002396's dividend (1.63%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002396's dividend (1.63%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), 002396's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002396 is paying a dividend but the company has no free cash flows.