Shenzhen Inovance TechnologyLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Inovance TechnologyLtd is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -9.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300124's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300124's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Inovance TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300124) | 0.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300124) (up to 3 years) | 1.2% |
Notable Dividend: 300124's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300124's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.3%), 300124's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 300124's dividend payments are well covered by cash flows.