Shenzhen Inovance TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Inovance TechnologyLtd is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -9.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Is Shenzhen Inovance TechnologyLtd (SZSE:300124) A Risky Investment?
Nov 14
Returns At Shenzhen Inovance TechnologyLtd (SZSE:300124) Appear To Be Weighed Down
Oct 15Investors Appear Satisfied With Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Prospects
Sep 16Shenzhen Inovance TechnologyLtd's (SZSE:300124) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 02A Look At The Intrinsic Value Of Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)
Aug 21Is There Now An Opportunity In Shenzhen Inovance Technology Co.,Ltd (SZSE:300124)?
Aug 08Here's Why Shenzhen Inovance TechnologyLtd (SZSE:300124) Can Manage Its Debt Responsibly
Jul 25Shenzhen Inovance Technology Co.,Ltd's (SZSE:300124) Price Is Out Of Tune With Earnings
May 26At CN¥63.77, Is Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Worth Looking At Closely?
May 08If EPS Growth Is Important To You, Shenzhen Inovance TechnologyLtd (SZSE:300124) Presents An Opportunity
Apr 18Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) Shares Could Be 29% Below Their Intrinsic Value Estimate
Mar 28Shenzhen Inovance TechnologyLtd (SZSE:300124) Seems To Use Debt Quite Sensibly
Mar 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300124's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300124's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Inovance TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300124) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300124) (up to 3 years) | 1.2% |
Notable Dividend: 300124's dividend (0.77%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300124's dividend (0.77%) 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 (25.3%), 300124's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 300124's dividend payments are well covered by cash flows.