OKE Precision Cutting Tools Dividends and Buybacks
Dividend criteria checks 2/6
OKE Precision Cutting Tools is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 26.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688308 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688308's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| OKE Precision Cutting Tools Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688308) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688308) (up to 3 years) | 3.2% |
Notable Dividend: 688308's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688308's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.4%), 688308's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688308 is paying a dividend but the company has no free cash flows.