Dongguan Aohai Technology Dividend
Dividend criteria checks 2/6
Dongguan Aohai Technology is a dividend paying company with a current yield of 0.89% that is well covered by earnings.
Key information
0.9%
Dividend yield
20%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002993 has been paying a dividend for less than 10 years.
Growing Dividend: 002993's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Dongguan Aohai Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2993) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Tech) | 1.8% |
Analyst forecast in 3 Years (2993) | n/a |
Notable Dividend: 002993's dividend (0.89%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002993's dividend (0.89%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.9%), 002993's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 002993's cash payout ratio to determine if its dividend payments are covered by cash flows.