China Leadshine Technology Dividend
Dividend criteria checks 1/6
China Leadshine Technology is a dividend paying company with a current yield of 1.65%.
Key information
1.6%
Dividend yield
92%
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¥0.34 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002979 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002979 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
China Leadshine Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002979) | 1.6% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (002979) | 1.8% |
Notable Dividend: 002979's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 002979's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.5%), 002979's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 002979's cash payout ratio to determine if its dividend payments are covered by cash flows.