iRay Technology Dividends and Buybacks
Dividend criteria checks 2/6
iRay Technology is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 39.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.429 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Investors Continue Waiting On Sidelines For iRay Technology Company Limited (SHSE:688301)
Dec 30
Is iRay Technology (SHSE:688301) A Risky Investment?
Nov 18iRay Technology Company Limited (SHSE:688301) Soars 25% But It's A Story Of Risk Vs Reward
Sep 28iRay Technology (SHSE:688301) Might Be Having Difficulty Using Its Capital Effectively
Sep 27iRay Technology's (SHSE:688301) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26iRay Technology Company Limited Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Apr 23Are iRay Technology Company Limited (SHSE:688301) Investors Paying Above The Intrinsic Value?
Apr 11Slowing Rates Of Return At iRay Technology (SHSE:688301) Leave Little Room For Excitement
Mar 21With iRay Technology Company Limited (SHSE:688301) It Looks Like You'll Get What You Pay For
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688301 has been paying a dividend for less than 10 years.
Growing Dividend: 688301's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| iRay Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688301) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.8% |
| Analyst forecast (688301) (up to 3 years) | 2.5% |
Notable Dividend: 688301's dividend (1.4%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 688301's dividend (1.4%) is low compared to the top 25% of dividend payers in the CN market (2.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), 688301's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688301 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 04:01 |
| End of Day Share Price | 2025/01/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
iRay Technology Company Limited is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jiongyi Hu | China International Capital Corporation Limited |
| Shuo Song | Citic Securities Co., Ltd. |
| Zhu Chen | Citic Securities Co., Ltd. |