Dnake (Xiamen) Intelligent Technology Dividend
Dividend criteria checks 2/6
Dnake (Xiamen) Intelligent Technology is a dividend paying company with a current yield of 3.39%. Next payment date is on 12th September, 2024 with an ex-dividend date of 12th September, 2024.
Key information
3.4%
Dividend yield
96%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | 12 Sep 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | CN¥0.300 |
| Earnings per share | CN¥0.31 |
| Dividend yield forecast | 1.7% |
Recent dividend updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Dnake (Xiamen) Intelligent Technology (SZSE:300884)
Aug 01
Dnake (Xiamen) Intelligent Technology (SZSE:300884) Is Paying Out A Larger Dividend Than Last Year
May 26Dnake (Xiamen) Intelligent Technology (SZSE:300884) Could Be Struggling To Allocate Capital
Apr 17Dnake (Xiamen) Intelligent Technology Co., Ltd. (SZSE:300884) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Mar 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300884 has been paying a dividend for less than 10 years.
Growing Dividend: 300884's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Dnake (Xiamen) Intelligent Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300884) | 3.4% |
| Market Bottom 25% (CN) | 0.8% |
| Market Top 25% (CN) | 2.8% |
| Industry Average (Communications) | 1.5% |
| Analyst forecast (300884) (up to 3 years) | 1.7% |
Notable Dividend: 300884's dividend (3.39%) is higher than the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 300884's dividend (3.39%) is in the top 25% of dividend payers in the CN market (2.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (96.2%), 300884's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (493.3%), 300884's dividend payments are not well covered by cash flows.