Hubei Jiuzhiyang Infrared System Dividend
Dividend criteria checks 2/6
Hubei Jiuzhiyang Infrared System is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
77%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.352 |
Earnings per share | CN¥0.46 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300516 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300516's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Hubei Jiuzhiyang Infrared System Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (300516) | 1.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast (300516) (up to 3 years) | n/a |
Notable Dividend: 300516's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 300516's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.9%), 300516's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300516 is paying a dividend but the company has no free cash flows.