Rayhoo Motor DiesLtd Dividends and Buybacks
Dividend criteria checks 2/6
Rayhoo Motor DiesLtd is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
-6.4%
Buyback Yield
| Total Shareholder Yield | -5.4% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 14.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002997 has been paying a dividend for less than 10 years.
Growing Dividend: 002997's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Rayhoo Motor DiesLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002997) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002997) (up to 3 years) | 1.7% |
Notable Dividend: 002997's dividend (0.92%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002997's dividend (0.92%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.3%), 002997's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002997 is paying a dividend but the company has no free cash flows.