Cofoe Medical TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Cofoe Medical TechnologyLtd is a dividend paying company with a current yield of 3.18%.
Key information
3.2%
Dividend yield
2.0%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.200 |
| Payout ratio | 137% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301087 has been paying a dividend for less than 10 years.
Growing Dividend: 301087 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Cofoe Medical TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301087) | 3.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (301087) (up to 3 years) | n/a |
Notable Dividend: 301087's dividend (3.18%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 301087's dividend (3.18%) is in the top 25% of dividend payers in the CN market (2.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (136.7%), 301087's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.9%), 301087's dividend payments are not well covered by cash flows.