Shenzhen Laibao Hi-Tech Dividend
Dividend criteria checks 5/6
Shenzhen Laibao Hi-Tech is a dividend paying company with a current yield of 2.65% that is well covered by earnings.
Key information
2.7%
Dividend yield
45%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Earnings per share | CN¥0.55 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002106's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002106's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Laibao Hi-Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002106) | 2.7% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electronic) | 1.5% |
| Analyst forecast (002106) (up to 3 years) | n/a |
Notable Dividend: 002106's dividend (2.65%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002106's dividend (2.65%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.3%), 002106's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), 002106's dividend payments are well covered by cash flows.