Innovita Biological Technology Dividends and Buybacks
Dividend criteria checks 3/6
Innovita Biological Technology is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
We Think Innovita Biological Technology's (SHSE:688253) Robust Earnings Are Conservative
Nov 01
Investors Could Be Concerned With Innovita Biological Technology's (SHSE:688253) Returns On Capital
Sep 28Statutory Profit Doesn't Reflect How Good Innovita Biological Technology's (SHSE:688253) Earnings Are
Apr 22There's Reason For Concern Over Innovita Biological Technology Co., Ltd.'s (SHSE:688253) Massive 25% Price Jump
Mar 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688253's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688253's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Innovita Biological Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688253) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.5% |
| Analyst forecast (688253) (up to 3 years) | n/a |
Notable Dividend: 688253's dividend (0.97%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688253's dividend (0.97%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
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.