Luoyang Northglass TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Luoyang Northglass TechnologyLtd is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 29.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.065 |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Returns Are Gaining Momentum At Luoyang Northglass TechnologyLtd (SZSE:002613)
Oct 01
Luoyang Northglass TechnologyLtd's (SZSE:002613) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Sep 05There's Been No Shortage Of Growth Recently For Luoyang Northglass TechnologyLtd's (SZSE:002613) Returns On Capital
Jun 07What Luoyang Northglass Technology Co.,Ltd's (SZSE:002613) 38% Share Price Gain Is Not Telling You
Mar 08We Like These Underlying Return On Capital Trends At Luoyang Northglass TechnologyLtd (SZSE:002613)
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002613's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002613's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Luoyang Northglass TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002613) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002613) (up to 3 years) | n/a |
Notable Dividend: 002613's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002613's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), 002613's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.5%), 002613's dividend payments are well covered by cash flows.