Shennan Circuit Dividend
Dividend criteria checks 2/6
Shennan Circuit is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
29%
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¥3.06 |
| Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
Concerns Surrounding Shennan Circuit's (SZSE:002916) Performance
Apr 22
Capital Allocation Trends At Shennan Circuit (SZSE:002916) Aren't Ideal
Apr 03CN¥81.25 - That's What Analysts Think Shennan Circuit Company Limited (SZSE:002916) Is Worth After These Results
Mar 17What Shennan Circuit Company Limited's (SZSE:002916) 31% Share Price Gain Is Not Telling You
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002916 has been paying a dividend for less than 10 years.
Growing Dividend: 002916's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shennan Circuit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2916) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (2916) | 1.5% |
Notable Dividend: 002916's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002916's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.3%), 002916's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002916 is paying a dividend but the company has no free cash flows.