Shenzhen iN-Cube Automation Dividend
Dividend criteria checks 2/6
Shenzhen iN-Cube Automation is a dividend paying company with a current yield of 0.94% that is well covered by earnings.
Key information
0.9%
Dividend yield
55%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.357 |
| Earnings per share | CN¥0.66 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301312's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301312's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenzhen iN-Cube Automation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301312) | 0.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Electronic) | 1.6% |
| Analyst forecast (301312) (up to 3 years) | n/a |
Notable Dividend: 301312's dividend (0.94%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 301312's dividend (0.94%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.7%), 301312's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (116%), 301312's dividend payments are not well covered by cash flows.