Shenzhen TVT Digital Technology Dividend
Dividend criteria checks 3/6
Shenzhen TVT Digital Technology is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
25%
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¥0.63 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think Shenzhen TVT Digital Technology's (SZSE:002835) Profit Is Only A Baseline For What They Can Achieve
May 05
Shenzhen TVT Digital Technology Co., Ltd. (SZSE:002835) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Apr 25Shenzhen TVT Digital Technology Co., Ltd. (SZSE:002835) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002835 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002835's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen TVT Digital Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2835) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (2835) | n/a |
Notable Dividend: 002835's dividend (0.8%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002835's dividend (0.8%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.9%), 002835's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.5%), 002835's dividend payments are thoroughly covered by cash flows.