Shenzhen INVT Electric Co.,Ltd

SZSE:002334 Stock Report

Market Cap: CN¥6.3b

Shenzhen INVT ElectricLtd Dividends and Buybacks

Dividend criteria checks 4/6

Shenzhen INVT ElectricLtd is a dividend paying company with a current yield of 0.78% that is well covered by earnings.

Key information

0.8%

Dividend yield

-0.9%

Buyback Yield

Total Shareholder Yield-0.08%
Future Dividend Yield1.0%
Dividend Growth-2.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.060
Payout ratio22%

Recent dividend and buyback updates

Recent updates

We Think That There Are Issues Underlying Shenzhen INVT ElectricLtd's (SZSE:002334) Earnings

Apr 15
We Think That There Are Issues Underlying Shenzhen INVT ElectricLtd's (SZSE:002334) Earnings

Shenzhen INVT ElectricLtd (SZSE:002334) Could Easily Take On More Debt

Mar 25
Shenzhen INVT ElectricLtd (SZSE:002334) Could Easily Take On More Debt

Shenzhen INVT Electric Co.,Ltd (SZSE:002334) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Mar 03
Shenzhen INVT Electric Co.,Ltd (SZSE:002334) Stock Catapults 27% Though Its Price And Business Still Lag The Market

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002334's dividend payments have been volatile in the past 10 years.

Growing Dividend: 002334's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Shenzhen INVT ElectricLtd Dividend Yield vs Market
How does 002334 dividend yield compare to the market?
SegmentDividend Yield
Company (002334)0.8%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.0%
Industry Average (Electrical)1.4%
Analyst forecast (002334) (up to 3 years)1.0%

Notable Dividend: 002334's dividend (0.78%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).

High Dividend: 002334's dividend (0.78%) is low compared to the top 25% of dividend payers in the CN market (1.98%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.5%), 002334's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (19.4%), 002334's dividend payments are well covered by cash flows.


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