Shandong New Beiyang Information Technology Dividend
Dividend criteria checks 4/6
Shandong New Beiyang Information Technology is a dividend paying company with a current yield of 2.27%.
Key information
2.3%
Dividend yield
153%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Earnings per share | CN¥0.10 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002376's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002376's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong New Beiyang Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002376) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Tech) | 1.6% |
| Analyst forecast (002376) (up to 3 years) | n/a |
Notable Dividend: 002376's dividend (2.27%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 002376's dividend (2.27%) is in the top 25% of dividend payers in the CN market (2.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (152.9%), 002376's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), 002376's dividend payments are well covered by cash flows.