OKE Precision Cutting Tools Dividends and Buybacks
Dividend criteria checks 2/6
OKE Precision Cutting Tools is a dividend paying company with a current yield of 1.83% that is well covered by earnings.
Key information
1.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 26.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Earnings Not Telling The Story For OKE Precision Cutting Tools Co., Ltd. (SHSE:688308) After Shares Rise 29%
Nov 11
We Think That There Are More Issues For OKE Precision Cutting Tools (SHSE:688308) Than Just Sluggish Earnings
Nov 07It's A Story Of Risk Vs Reward With OKE Precision Cutting Tools Co., Ltd. (SHSE:688308)
Sep 26OKE Precision Cutting Tools' (SHSE:688308) Returns On Capital Not Reflecting Well On The Business
Jun 26OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 09OKE Precision Cutting Tools' (SHSE:688308) Weak Earnings Might Be Worse Than They Appear
Apr 16OKE Precision Cutting Tools Co., Ltd.'s (SHSE:688308) Share Price Boosted 28% But Its Business Prospects Need A Lift Too
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688308 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688308's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| OKE Precision Cutting Tools Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688308) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688308) (up to 3 years) | 3.2% |
Notable Dividend: 688308's dividend (1.83%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688308's dividend (1.83%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.4%), 688308's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688308 is paying a dividend but the company has no free cash flows.