Damon Technology GroupLtd Dividend
Dividend criteria checks 2/6
Damon Technology GroupLtd is a dividend paying company with a current yield of 1.53% that is well covered by earnings.
Key information
1.5%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Damon Technology GroupLtd's (SHSE:688360) Shareholders May Want To Dig Deeper Than Statutory Profit
Apr 26
Damon 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) | 1.5% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (688360) | n/a |
Notable Dividend: 688360's dividend (1.53%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 688360's dividend (1.53%) is low compared to the top 25% of dividend payers in the CN market (2.55%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), 688360's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688360 is paying a dividend but the company has no free cash flows.