Innovita Biological Technology Co., Ltd.

SHSE:688253 Stock Report

Market Cap: CN¥5.7b

Innovita Biological Technology Dividends and Buybacks

Dividend criteria checks 3/6

Innovita Biological Technology is a dividend paying company with a current yield of 0.95% that is well covered by earnings.

Key information

0.9%

Dividend yield

-0.09%

Buyback Yield

Total Shareholder Yield0.9%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Payout ratio16%

Recent dividend and buyback updates

Recent updates

We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Nov 01
We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative

Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Sep 28
Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital

Statutory Profit Doesn't Reflect How Good Innovita Biological Technology's (SHSE:688253) Earnings Are

Apr 22
Statutory Profit Doesn't Reflect How Good Innovita Biological Technology's (SHSE:688253) Earnings Are

There's Reason For Concern Over Innovita Biological Technology Co., Ltd.'s (SHSE:688253) Massive 25% Price Jump

Mar 20
There's Reason For Concern Over Innovita Biological Technology Co., Ltd.'s (SHSE:688253) Massive 25% Price Jump

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 688253 has been paying a dividend for less than 10 years.

Growing Dividend: 688253's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Innovita Biological Technology Dividend Yield vs Market
How does 688253 dividend yield compare to the market?
SegmentDividend Yield
Company (688253)0.9%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Medical Equipment)1.7%
Analyst forecast (688253) (up to 3 years)n/a

Notable Dividend: 688253's dividend (0.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688253's dividend (0.95%) is low compared to the top 25% of dividend payers in the CN market (2.16%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.4%), 688253's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.4%), 688253's dividend payments are thoroughly covered by cash flows.


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