Shenzhen Kedali Industry Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Kedali Industry is a dividend paying company with a current yield of 1.43% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 10.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.500 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002850 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002850's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Shenzhen Kedali Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002850) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002850) (up to 3 years) | 1.6% |
Notable Dividend: 002850's dividend (1.43%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002850's dividend (1.43%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.5%), 002850's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.6%), 002850's dividend payments are well covered by cash flows.