Avary Holding(Shenzhen)Co Dividend
Dividend criteria checks 3/6
Avary Holding(Shenzhen)Co is a dividend paying company with a current yield of 1.5% that is well covered by earnings.
Key information
1.5%
Dividend yield
35%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Earnings per share | CN¥1.41 |
| Dividend yield forecast | 2.6% |
Recent dividend updates
Recent updates
Are Investors Undervaluing Avary Holding(Shenzhen)Co., Limited (SZSE:002938) By 23%?
Aug 30
Avary Holding(Shenzhen)Co (SZSE:002938) Has A Pretty Healthy Balance Sheet
Jul 28Investors Could Be Concerned With Avary Holding(Shenzhen)Co's (SZSE:002938) Returns On Capital
Jul 12Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Stock Catapults 31% Though Its Price And Business Still Lag The Market
Jun 21Avary Holding(Shenzhen)Co (SZSE:002938) Is Reducing Its Dividend To CN¥0.50
Jun 09Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Intrinsic Value Is Potentially 27% Above Its Share Price
May 23Avary Holding(Shenzhen)Co., Limited (SZSE:002938) Surges 26% Yet Its Low P/E Is No Reason For Excitement
May 07Here's Why Avary Holding(Shenzhen)Co (SZSE:002938) Can Manage Its Debt Responsibly
Apr 02Avary Holding(Shenzhen)Co (SZSE:002938) Will Want To Turn Around Its Return Trends
Mar 15The Market Doesn't Like What It Sees From Avary Holding(Shenzhen)Co., Limited's (SZSE:002938) Earnings Yet
Feb 27Stability 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 (002938) | 1.5% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Electronic) | 1.7% |
| Analyst forecast (002938) (up to 3 years) | 2.6% |
Notable Dividend: 002938's dividend (1.5%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 002938's dividend (1.5%) is low compared to the top 25% of dividend payers in the CN market (2.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.4%), 002938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), 002938's dividend payments are well covered by cash flows.