Streamax Technology Dividend
Dividend criteria checks 3/6
Streamax Technology is a dividend paying company with a current yield of 1.03% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 36% |
Recent dividend updates
Recent updates
Streamax Technology Co., Ltd. (SZSE:002970) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Oct 18
Streamax Technology (SZSE:002970) Might Be Having Difficulty Using Its Capital Effectively
Sep 26Streamax Technology (SZSE:002970) Has A Rock Solid Balance Sheet
Sep 03Streamax Technology Co., Ltd.'s (SZSE:002970) Popularity With Investors Is Under Threat From Overpricing
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002970 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002970's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Streamax Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002970) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.6% |
| Analyst forecast (002970) (up to 3 years) | n/a |
Notable Dividend: 002970's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 002970's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), 002970's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 002970's dividend payments are well covered by cash flows.