Chang Lan Technology Group Dividends and Buybacks
Dividend criteria checks 3/6
Chang Lan Technology Group is a dividend paying company with a current yield of 1.77% that is well covered by earnings.
Key information
1.8%
Dividend yield
3.8%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 6.8% |
| Dividend Growth | 18.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 46% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002879 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002879's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Chang Lan Technology Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002879) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002879) (up to 3 years) | 6.8% |
Notable Dividend: 002879's dividend (1.77%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002879's dividend (1.77%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.1%), 002879's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.8%), 002879's dividend payments are covered by cash flows.