Shenzhen Zhilai Sci and Tech Dividend
Dividend criteria checks 3/6
Shenzhen Zhilai Sci and Tech is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
58%
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¥0.18 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300771 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300771 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Shenzhen Zhilai Sci and Tech Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300771) | 1.0% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (300771) | n/a |
Notable Dividend: 300771's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 300771's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.7%), 300771's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37%), 300771's dividend payments are well covered by cash flows.