Jiangsu Gian Technology Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Gian Technology is a dividend paying company with a current yield of 0.42% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | -28.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300709 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300709 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Jiangsu Gian Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300709) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300709) (up to 3 years) | 0.8% |
Notable Dividend: 300709's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300709's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), 300709's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), 300709's dividend payments are thoroughly covered by cash flows.