Zenner Metering Technology (Shanghai) Dividend
Dividend criteria checks 2/6
Zenner Metering Technology (Shanghai) is a dividend paying company with a current yield of 2.25% that is well covered by earnings.
Key information
2.2%
Dividend yield
31%
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¥0.80 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301303's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301303's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Zenner Metering Technology (Shanghai) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (301303) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (301303) | n/a |
Notable Dividend: 301303's dividend (2.25%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 301303's dividend (2.25%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 301303's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301303 is paying a dividend but the company has no free cash flows.