Zhuhai Raysharp TechnologyLtd Dividend
Dividend criteria checks 3/6
Zhuhai Raysharp TechnologyLtd is a dividend paying company with a current yield of 3.44% that is well covered by earnings.
Key information
3.4%
Dividend yield
82%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.50 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301042 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301042 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
Zhuhai Raysharp TechnologyLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301042) | 3.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electronic) | 1.4% |
Analyst forecast in 3 Years (301042) | n/a |
Notable Dividend: 301042's dividend (3.44%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 301042's dividend (3.44%) is in the top 25% of dividend payers in the CN market (2.47%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.7%), 301042's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (147.6%), 301042's dividend payments are not well covered by cash flows.