Shenzhen Xinhao Photoelectricity Technology Dividend
Dividend criteria checks 0/6
Shenzhen Xinhao Photoelectricity Technology is a dividend paying company with a current yield of 0.52%.
Key information
0.5%
Dividend yield
109%
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 | 2.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301051 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301051 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Xinhao Photoelectricity Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301051) | 0.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (301051) | 2.3% |
Notable Dividend: 301051's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 301051's dividend (0.52%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (109.3%), 301051's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301051 is paying a dividend but the company has no free cash flows.