China Bester Group Telecom Dividend
Dividend criteria checks 1/6
China Bester Group Telecom is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
25%
Payout ratio
| Industry average yield | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.115 |
| Earnings per share | CN¥0.43 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603220 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603220 has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| China Bester Group Telecom Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603220) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Telecom) | 4.4% |
| Analyst forecast in 3 Years (603220) | 1.7% |
Notable Dividend: 603220's dividend (0.62%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.75%).
High Dividend: 603220's dividend (0.62%) is low compared to the top 25% of dividend payers in the CN market (2.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.1%), 603220's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603220 is paying a dividend but the company has no free cash flows.