Zhongji Innolight Co., Ltd.

SZSE:300308 Stock Report

Mkt Cap: CN¥22.9b

Zhongji Innolight Dividend

What is Zhongji Innolight current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does 300308 dividend yield compare to the market?
SegmentDividend 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

How stable has Zhongji Innolight's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.3213
12/31/20230.2914
1/19/20230.220.76
5/20/20220.220.74
4/27/20210.120.34
4/24/20200.0840.16
4/24/20190.0880.2
5/18/20180.0270.078
5/10/20170.0070.02
5/19/20160.0070.037
5/18/20150.0070.063
4/24/20140.0090.13
3/19/20130.0220.52
8/17/20120.0441.28
6/27/20120.0441.14

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.


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