Tianrun Industry Technology Dividends and Buybacks
Dividend criteria checks 5/6
Tianrun Industry Technology is a dividend paying company with a current yield of 4.7% that is well covered by earnings.
Key information
4.7%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 5.5% |
| Dividend Growth | 27.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002283's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002283's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tianrun Industry Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002283) | 4.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002283) (up to 3 years) | 5.5% |
Notable Dividend: 002283's dividend (4.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002283's dividend (4.7%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.9%), 002283's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.7%), 002283's dividend payments are well covered by cash flows.