Zhongji Innolight Dividend
What is Zhongji Innolight current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.76%
Current Dividend Yield
Dividend Yield vs Market
| Zhongji Innolight Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300308) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.0% |
| Industry Average (Communications) | 0.8% |
| Analyst forecast in 3 Years (300308) | 1.1% |
Notable Dividend: 300308's dividend (0.76%) is higher than the bottom 25% of dividend payers in the CN market (0.49%).
High Dividend: 300308's dividend (0.76%) is low compared to the top 25% of dividend payers in the CN market (1.99%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.32 | 13 |
| 12/31/2023 | 0.29 | 14 |
| 1/19/2023 | 0.22 | 0.76 |
| 5/20/2022 | 0.22 | 0.74 |
| 4/27/2021 | 0.12 | 0.34 |
| 4/24/2020 | 0.084 | 0.16 |
| 4/24/2019 | 0.088 | 0.2 |
| 5/18/2018 | 0.027 | 0.078 |
| 5/10/2017 | 0.007 | 0.02 |
| 5/19/2016 | 0.007 | 0.037 |
| 5/18/2015 | 0.007 | 0.063 |
| 4/24/2014 | 0.009 | 0.13 |
| 3/19/2013 | 0.022 | 0.52 |
| 8/17/2012 | 0.044 | 1.28 |
| 6/27/2012 | 0.044 | 1.14 |
Stable Dividend: 300308's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300308's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15%), 300308's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14%), 300308's dividend payments are thoroughly covered by cash flows.