Genbyte Technology Inc.

XSEC:003028 Stock Report

Market Cap: CN¥3.7b

Genbyte Technology Dividends and Buybacks

Dividend criteria checks 3/6

Genbyte Technology is a dividend paying company with a current yield of 2.67% that is well covered by earnings.

Key information

2.7%

Dividend yield

-0.08%

Buyback Yield

Total Shareholder Yield2.6%
Future Dividend Yieldn/a
Dividend Growth36.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.900
Payout ratio27%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 003028 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 003028's dividend payments have increased, but the company has only paid a dividend for 3 years.


Dividend Yield vs Market

Genbyte Technology Dividend Yield vs Market
How does 003028 dividend yield compare to the market?
SegmentDividend Yield
Company (003028)2.7%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Electrical)1.4%
Analyst forecast (003028) (up to 3 years)n/a

Notable Dividend: 003028's dividend (2.67%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 003028's dividend (2.67%) is in the top 25% of dividend payers in the CN market (2.13%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.8%), 003028's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 003028 is paying a dividend but the company has no free cash flows.


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