Shenzhen Phoenix Telecom TechnologyLtd Dividend
Dividend criteria checks 3/6
Shenzhen Phoenix Telecom TechnologyLtd is a dividend paying company with a current yield of 1.42% that is well covered by earnings.
Key information
1.4%
Dividend yield
53%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Earnings per share | CN¥1.88 |
| Dividend yield forecast | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301191's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301191's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenzhen Phoenix Telecom TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301191) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Communications) | 1.3% |
| Analyst forecast (301191) (up to 3 years) | 1.4% |
Notable Dividend: 301191's dividend (1.42%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 301191's dividend (1.42%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 301191's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.5%), 301191's dividend payments are well covered by cash flows.