Ocean's King Lighting Science & Technology Dividends and Buybacks
Dividend criteria checks 2/6
Ocean's King Lighting Science & Technology is a dividend paying company with a current yield of 0.73%.
Key information
0.7%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 0.7% |
| Dividend Growth | 6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.040 |
| Payout ratio | 443% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002724's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002724's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Ocean's King Lighting Science & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002724) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002724) (up to 3 years) | 0.7% |
Notable Dividend: 002724's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002724's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (443.2%), 002724's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), 002724's dividend payments are thoroughly covered by cash flows.