Lucky Harvest Dividends and Buybacks
Dividend criteria checks 2/6
Lucky Harvest is a dividend paying company with a current yield of 2.05% that is well covered by earnings.
Key information
2.0%
Dividend yield
-14.4%
Buyback Yield
| Total Shareholder Yield | -12.4% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 20.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.600 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002965 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002965's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Lucky Harvest Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002965) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002965) (up to 3 years) | 2.0% |
Notable Dividend: 002965's dividend (2.05%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002965's dividend (2.05%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.2%), 002965's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002965 is paying a dividend but the company has no free cash flows.