Tianjin Saixiang TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Tianjin Saixiang TechnologyLtd is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.033 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002337's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002337's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Tianjin Saixiang TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002337) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002337) (up to 3 years) | n/a |
Notable Dividend: 002337's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002337's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.2%), 002337's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (101.1%), 002337's dividend payments are not well covered by cash flows.