Bichamp Cutting Technology (Hunan) Dividends and Buybacks
Dividend criteria checks 2/6
Bichamp Cutting Technology (Hunan) is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -21.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 52% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002843 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002843's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Bichamp Cutting Technology (Hunan) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002843) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002843) (up to 3 years) | n/a |
Notable Dividend: 002843's dividend (1.08%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002843's dividend (1.08%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.2%), 002843's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2330%), 002843's dividend payments are not well covered by cash flows.