Xiamen Sinic-Tek Intelligent Technology Dividend
Dividend criteria checks 2/6
Xiamen Sinic-Tek Intelligent Technology is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.4%
Dividend yield
83%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.680 |
| Earnings per share | CN¥0.73 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301568's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301568's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Xiamen Sinic-Tek Intelligent Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301568) | 2.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast (301568) (up to 3 years) | n/a |
Notable Dividend: 301568's dividend (2.35%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301568's dividend (2.35%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.5%), 301568's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.8%), 301568's dividend payments are not well covered by cash flows.