Chaozhou Three-Circle (Group)Ltd Dividend
Dividend criteria checks 3/6
Chaozhou Three-Circle (Group)Ltd is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
32%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.280 |
Earnings per share | CN¥0.88 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Does Chaozhou Three-Circle (Group)Ltd (SZSE:300408) Have A Healthy Balance Sheet?
Jul 21Chaozhou Three-Circle (Group) Co.,Ltd.'s (SZSE:300408) Price Is Out Of Tune With Earnings
Jun 26Capital Allocation Trends At Chaozhou Three-Circle (Group)Ltd (SZSE:300408) Aren't Ideal
May 21Concerns Surrounding Chaozhou Three-Circle (Group)Ltd's (SZSE:300408) Performance
May 03Chaozhou Three-Circle (Group) Co.,Ltd. (SZSE:300408) Not Lagging Market On Growth Or Pricing
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300408 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300408's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Chaozhou Three-Circle (Group)Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300408) | 0.9% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electronic) | 1.6% |
Analyst forecast in 3 Years (300408) | 1.2% |
Notable Dividend: 300408's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 300408's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.9%), 300408's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.7%), 300408's dividend payments are covered by cash flows.