Avic Aviation High-Technology Dividends and Buybacks
Dividend criteria checks 2/6
Avic Aviation High-Technology is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 15.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.223 |
| Payout ratio | 28% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600862 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600862's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Avic Aviation High-Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600862) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (600862) (up to 3 years) | 0.9% |
Notable Dividend: 600862's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600862's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), 600862's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (430.1%), 600862's dividend payments are not well covered by cash flows.