Risuntek Dividends and Buybacks
Dividend criteria checks 2/6
Risuntek is a dividend paying company with a current yield of 1.05% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 64.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.264 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
The Market Lifts Risuntek Inc. (SZSE:002981) Shares 25% But It Can Do More
Nov 21
Impressive Earnings May Not Tell The Whole Story For Risuntek (SZSE:002981)
Sep 06Not Many Are Piling Into Risuntek Inc. (SZSE:002981) Stock Yet As It Plummets 28%
Aug 11Here's Why We Think Risuntek (SZSE:002981) Might Deserve Your Attention Today
Jul 12Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year
Jun 03Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002981 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002981's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Risuntek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002981) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (002981) (up to 3 years) | n/a |
Notable Dividend: 002981's dividend (1.05%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002981's dividend (1.05%) 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 (30.6%), 002981's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (727.1%), 002981's dividend payments are not well covered by cash flows.