Sinomag Technology Dividends and Buybacks
Dividend criteria checks 2/6
Sinomag Technology is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | -0.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -20.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300835 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300835 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Sinomag Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300835) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300835) (up to 3 years) | n/a |
Notable Dividend: 300835's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300835's dividend (0.6%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.7%), 300835's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.5%), 300835's dividend payments are not well covered by cash flows.