Suzhou Longway Eletronic Machinery Dividend
Dividend criteria checks 1/6
Suzhou Longway Eletronic Machinery is a dividend paying company with a current yield of 2.29%.
Key information
2.3%
Dividend yield
119%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.600 |
Earnings per share | CN¥0.47 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301202's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301202's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Suzhou Longway Eletronic Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (301202) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Tech) | 2.3% |
Analyst forecast in 3 Years (301202) | n/a |
Notable Dividend: 301202's dividend (2.29%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301202's dividend (2.29%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.6%), 301202's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (523%), 301202's dividend payments are not well covered by cash flows.