Fujian Septwolves Industry Dividends and Buybacks
Dividend criteria checks 4/6
Fujian Septwolves Industry is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002029's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002029's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Fujian Septwolves Industry Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002029) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Luxury) | 3.0% |
| Analyst forecast (002029) (up to 3 years) | 2.0% |
Notable Dividend: 002029's dividend (1.96%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002029's dividend (1.96%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), 002029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.2%), 002029's dividend payments are covered by cash flows.