Damon Technology GroupLtd Dividends and Buybacks
Dividend criteria checks 2/6
Damon Technology GroupLtd is a dividend paying company with a current yield of 1.1% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.179 |
| Payout ratio | 25% |
Recent dividend and buyback updates
No updates
Recent updates
There May Be Underlying Issues With The Quality Of Damon Technology GroupLtd's (SHSE:688360) Earnings
Nov 05
Damon Technology Group Co.,Ltd.'s (SHSE:688360) Share Price Is Matching Sentiment Around Its Earnings
Sep 28Damon Technology GroupLtd's (SHSE:688360) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 26Damon Technology GroupLtd (SHSE:688360) May Have Issues Allocating Its Capital
Apr 16Damon Technology Group Co.,Ltd. (SHSE:688360) Stock Catapults 32% Though Its Price And Business Still Lag The Market
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688360 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688360 has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Damon Technology GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688360) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688360) (up to 3 years) | n/a |
Notable Dividend: 688360's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688360's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), 688360's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (135.6%), 688360's dividend payments are not well covered by cash flows.