China Leadshine Technology Dividend
Dividend criteria checks 2/6
China Leadshine Technology is a dividend paying company with a current yield of 0.51% that is well covered by earnings.
Key information
0.5%
Dividend yield
20%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Earnings per share | CN¥0.59 |
| Dividend yield forecast | 1.4% |
Recent dividend updates
Recent updates
Here's What's Concerning About China Leadshine Technology's (SZSE:002979) Returns On Capital
Aug 16
What Does China Leadshine Technology Co., Ltd.'s (SZSE:002979) Share Price Indicate?
Jul 04Returns On Capital Signal Tricky Times Ahead For China Leadshine Technology (SZSE:002979)
Apr 09Should You Think About Buying China Leadshine Technology Co., Ltd. (SZSE:002979) Now?
Mar 18Investors Appear Satisfied With China Leadshine Technology Co., Ltd.'s (SZSE:002979) Prospects
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002979 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002979 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| China Leadshine Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002979) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002979) (up to 3 years) | 1.4% |
Notable Dividend: 002979's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 002979's dividend (0.51%) is low compared to the top 25% of dividend payers in the CN market (2.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 002979's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.2%), 002979's dividend payments are well covered by cash flows.