Xiangyang BOYA Precision Industrial Equipments Dividends and Buybacks
Dividend criteria checks 3/6
Xiangyang BOYA Precision Industrial Equipments is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Investors Aren't Buying Xiangyang BOYA Precision Industrial Equipments Co., Ltd's (SZSE:300971) Earnings
Jul 01
Xiangyang BOYA Precision Industrial Equipments (SZSE:300971) Is Due To Pay A Dividend Of CN¥0.25
Jun 02There's No Escaping Xiangyang BOYA Precision Industrial Equipments Co., Ltd's (SZSE:300971) Muted Earnings Despite A 35% Share Price Rise
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300971 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300971 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Xiangyang BOYA Precision Industrial Equipments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300971) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300971) (up to 3 years) | n/a |
Notable Dividend: 300971's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300971's dividend (1.17%) 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 (33.8%), 300971's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (78.1%), 300971's dividend payments are covered by cash flows.