Hubei Jiuzhiyang Infrared System Dividend
Dividend criteria checks 2/6
Hubei Jiuzhiyang Infrared System is a dividend paying company with a current yield of 1.23% that is well covered by earnings.
Key information
1.2%
Dividend yield
77%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Hubei Jiuzhiyang Infrared System (SZSE:300516) Shareholders Will Want The ROCE Trajectory To Continue
Jun 26
Hubei Jiuzhiyang Infrared System (SZSE:300516) Is Increasing Its Dividend To CN¥0.352
May 21We Like The Quality Of Hubei Jiuzhiyang Infrared System's (SZSE:300516) Earnings
Apr 04Subdued Growth No Barrier To Hubei Jiuzhiyang Infrared System Co., Ltd (SZSE:300516) With Shares Advancing 27%
Mar 06Hubei Jiuzhiyang Infrared System (SZSE:300516) Is Doing The Right Things To Multiply Its Share Price
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300516 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300516's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Hubei Jiuzhiyang Infrared System Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300516) | 1.2% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (300516) | n/a |
Notable Dividend: 300516's dividend (1.23%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 300516's dividend (1.23%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.8%), 300516's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300516 is paying a dividend but the company has no free cash flows.