Micro-Tech (Nanjing)Ltd Dividends and Buybacks
Dividend criteria checks 3/6
Micro-Tech (Nanjing)Ltd is a dividend paying company with a current yield of 1.35% that is well covered by earnings.
Key information
1.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 25.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Shares Leap 26% Yet They're Still Not Telling The Full Story
Oct 01
Here's What's Concerning About Micro-Tech (Nanjing)Ltd's (SHSE:688029) Returns On Capital
Aug 07Micro-Tech (Nanjing) Co.,Ltd's (SHSE:688029) Earnings Are Not Doing Enough For Some Investors
Jul 16An Intrinsic Calculation For Micro-Tech (Nanjing) Co.,Ltd (SHSE:688029) Suggests It's 22% Undervalued
Apr 17Micro-Tech (Nanjing)Ltd (SHSE:688029) Is Reinvesting At Lower Rates Of Return
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688029 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688029's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Micro-Tech (Nanjing)Ltd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688029) | 1.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (688029) (up to 3 years) | 1.3% |
Notable Dividend: 688029's dividend (1.35%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688029's dividend (1.35%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 688029's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.9%), 688029's dividend payments are covered by cash flows.