Avary Holding(Shenzhen)Co Dividend
Dividend criteria checks 3/6
Avary Holding(Shenzhen)Co is a dividend paying company with a current yield of 2.11% that is well covered by earnings.
Key information
2.1%
Dividend yield
34%
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¥1.46 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002938 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002938 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| Avary Holding(Shenzhen)Co Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2938) | 2.1% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (2938) | 3.6% |
Notable Dividend: 002938's dividend (2.11%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002938's dividend (2.11%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.1%), 002938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28%), 002938's dividend payments are well covered by cash flows.