Colorlight Cloud Tech Dividend
Dividend criteria checks 2/6
Colorlight Cloud Tech is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
24%
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¥2.41 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301391's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301391's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Colorlight Cloud Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301391) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast in 3 Years (301391) | 2.4% |
Notable Dividend: 301391's dividend (0.7%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 301391's dividend (0.7%) is low compared to the top 25% of dividend payers in the CN market (2.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), 301391's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301391 is paying a dividend but the company has no free cash flows.