Dongguan Yiheda Automation Dividends and Buybacks
Dividend criteria checks 2/6
Dongguan Yiheda Automation is a dividend paying company with a current yield of 1.7% that is well covered by earnings.
Key information
1.7%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 74.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301029 has been paying a dividend for less than 10 years.
Growing Dividend: 301029's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Dongguan Yiheda Automation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301029) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301029) (up to 3 years) | 1.8% |
Notable Dividend: 301029's dividend (1.7%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301029's dividend (1.7%) 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 (27%), 301029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 301029's cash payout ratio to determine if its dividend payments are covered by cash flows.