Kinco Automation (Shanghai)Ltd Dividend
Dividend criteria checks 3/6
Kinco Automation (Shanghai)Ltd is a dividend paying company with a current yield of 0.67% that is well covered by earnings.
Key information
0.7%
Dividend yield
48%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.300 |
Earnings per share | CN¥0.62 |
Dividend yield forecast | 0.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688160 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688160 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Kinco Automation (Shanghai)Ltd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688160) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electronic) | 1.3% |
Analyst forecast (688160) (up to 3 years) | 0.7% |
Notable Dividend: 688160's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 688160's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.3%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), 688160's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.5%), 688160's dividend payments are covered by cash flows.