Shenzhen INVT ElectricLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen INVT ElectricLtd is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.8%
Dividend yield
-1.0%
Buyback Yield
| Total Shareholder Yield | -0.1% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002334) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002334) (up to 3 years) | 1.1% |
Notable Dividend: 002334's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002334's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
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.