Sichuan Injet Electric Dividends and Buybacks
Dividend criteria checks 3/6
Sichuan Injet Electric is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 0.1% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 300820 has been paying a dividend for less than 10 years.
Growing Dividend: 300820's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Sichuan Injet Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300820) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (300820) (up to 3 years) | 1.3% |
Notable Dividend: 300820's dividend (0.69%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300820's dividend (0.69%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 300820's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.7%), 300820's dividend payments are well covered by cash flows.