Colorlight Cloud Tech Dividend
Dividend criteria checks 2/6
Colorlight Cloud Tech is a dividend paying company with a current yield of 1.31% that is well covered by earnings.
Key information
1.3%
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¥0.571 |
| Earnings per share | CN¥1.11 |
| Future Dividend Yield | 0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301391 has been paying a dividend for less than 10 years.
Growing Dividend: 301391's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Colorlight Cloud Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301391) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (301391) (up to 3 years) | 0% |
Notable Dividend: 301391's dividend (1.31%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301391's dividend (1.31%) is low compared to the top 25% of dividend payers in the CN market (2.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.2%), 301391's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301391 is paying a dividend but the company has no free cash flows.