Zhiyang Innovation Technology Dividends and Buybacks
Dividend criteria checks 2/6
Zhiyang Innovation Technology is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Nov 11
Zhiyang Innovation Technology's (SHSE:688191) Solid Profits Have Weak Fundamentals
Nov 01Zhiyang Innovation Technology (SHSE:688191) Will Want To Turn Around Its Return Trends
Sep 30There May Be Underlying Issues With The Quality Of Zhiyang Innovation Technology's (SHSE:688191) Earnings
May 02Zhiyang Innovation Technology Co., Ltd. (SHSE:688191) Not Flying Under The Radar
Apr 25Zhiyang Innovation Technology's (SHSE:688191) Returns On Capital Not Reflecting Well On The Business
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688191 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688191's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Zhiyang Innovation Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688191) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688191) (up to 3 years) | n/a |
Notable Dividend: 688191's dividend (1.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688191's dividend (1.09%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.3%), 688191's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (202.6%), 688191's dividend payments are not well covered by cash flows.