Dongguan Dingtong Precision Metal Dividends and Buybacks
Dividend criteria checks 2/6
Dongguan Dingtong Precision Metal is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -11.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.357 |
| Payout ratio | 54% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688668 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688668 has only been paying a dividend for 4 years, and since then payments have not increased.
Dividend Yield vs Market
| Dongguan Dingtong Precision Metal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688668) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (688668) (up to 3 years) | 1.6% |
Notable Dividend: 688668's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688668's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), 688668's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688668 is paying a dividend but the company has no free cash flows.