CareRay Digital Medical Technology Dividends and Buybacks
Dividend criteria checks 1/6
CareRay Digital Medical Technology is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | 0% |
| Dividend Growth | -64.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.054 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688607 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688607 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| CareRay Digital Medical Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688607) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.5% |
| Analyst forecast (688607) (up to 3 years) | 0% |
Notable Dividend: 688607's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688607's dividend (0.36%) 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 (21%), 688607's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688607 is paying a dividend but the company has no free cash flows.