Dnake dividend yield calculator – Dnake (Xiamen) Intelligent Technology Co Ltd Announces 0.15 Cash Dividend
May 27, 2023
Dividends Yield
On May 26 2023, Dnake ($SZSE:300884) (Xiamen) Intelligent Technology Co Ltd announced a cash dividend of 0.15 CNY per share. This is the third year in a row that the company has issued an annual dividend, and investors are looking favorably on the news. For the past two years, DNAKE has issued a dividend of 0.2 CNY per share, with a dividend yield of 2.02% from 2022 to 2023. As such, it is a great option for anyone looking for dividend stocks with good yields.
The ex-dividend date for 2023 is May 30, meaning that shareholders who own stock prior to this date will still be eligible to receive the dividend. Shareholders who purchase the stock on or after this date will not be eligible to receive the cash dividend. As such, anyone looking to take advantage of this dividend should act quickly and purchase stock before the ex-dividend date.
Share Price
Following the announcement, DNAKE’s stock opened at CNY13.9 and closed at CNY14.2, up by 1.8% from its last closing price of 14.0. Investors welcomed this news as an indicator of the company’s performance in recent times. The dividend payout is expected to be executed in the coming weeks. Dnake_Xiamen_Intelligent_Technology_Co_Ltd_Announces_0.15_Cash_Dividend”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Dnake. More…
| Total Revenues | Net Income | Net Margin |
| 835.46 | 81.97 | 16.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Dnake. More…
| Operations | Investing | Financing |
| 161.71 | -106.57 | -20.14 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Dnake. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.81k | 456.36 | 5.31 |
Key Ratios Snapshot
Some of the financial key ratios for Dnake are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.0% | -10.3% | 10.4% |
| FCF Margin | ROE | ROA |
| 12.7% | 4.0% | 3.0% |
Analysis
GoodWhale has conducted a financial analysis of DNAKE and found that the company has a strong score of 9/10 in terms of cash flows and debt, meaning it is capable of surviving any crisis without the risk of bankruptcy. Additionally, DNAKE has strong assets and profitability, and medium dividend and growth potential. Based on our Star Chart, we classify DNAKE as a ‘cow’, a type of company with a track record of paying out consistent and sustainable dividends. With these qualities, investors looking for steady returns from their investments may be interested in DNAKE. The company’s strong financials make it an attractive option for those who are looking for a lower-risk investment. Additionally, its dividend potential makes it a great option for those who value income generation. Dnake_Xiamen_Intelligent_Technology_Co_Ltd_Announces_0.15_Cash_Dividend”>More…
Peers
This company is in competition with other industry giants such as Shenzhen Longtech Smart Control Co Ltd, Das Technology Co Ltd, and Suntront Technology Co Ltd. All of these companies offer a wide range of intelligent home solutions, each with their own competitive advantages.
– Shenzhen Longtech Smart Control Co Ltd ($SZSE:300916)
Shenzhen Longtech Smart Control Co Ltd is a technology company that provides intelligent systems, automation, and control solutions for customers. The company has a market cap of 4.47B as of 2023, indicating a high share price and strong investor confidence in its potential. Its Return on Equity (ROE) of 9.95% is also a measure of the company’s strong profitability and efficient utilization of shareholder investments. With such impressive numbers, this company is sure to remain competitive in the long-term.
– Das Technology Co Ltd ($TPEX:6648)
Das Technology Co Ltd is a leading company in the technology industry, specializing in the design, manufacturing, and distribution of electronic components to customers around the world. Its market capitalization of 1.01B in 2023 reflects the strong financial performance that the company has achieved, driven by a Return on Equity of 4.46%. This is relatively high compared to other companies in the industry, indicating that Das Technology has an efficient and profitable use of its shareholders’ funds. The company’s long-term growth outlook remains strong as it continues to develop innovative products and services to meet its customers’ needs.
– Suntront Technology Co Ltd ($SZSE:300259)
Suntront Technology Co Ltd is a Chinese renewable energy company that specializes in the development and manufacture of smart energy systems. As of 2023, the company has a market capitalization of 4.68 billion, which makes it one of the most highly valued renewable energy companies in the world. Additionally, Suntront has an impressive Return on Equity of 5.96%, which is indicative of the company’s overall financial stability and performance. Suntront is known for its innovation in the field of renewable energy and is committed to providing cost-effective and efficient energy solutions.
Summary
DNAKE is a dividend stock worth considering for investors looking for a good yield. Over the past two years, the company has issued an annual dividend of 0.2 CNY per share, with a dividend yield of 2.02%. A thorough analysis should incorporate research on its financial performance and outlook, in order to make an informed decision on investing in DNAKE’s stock.
Additionally, investors should factor in any potential risks associated with the stock, such as changes in commodity prices and economic downturns. Doing your own research and analysis is essential when it comes to making the best investment decisions.
Related Posts
Recent Posts
