Shenzhen New Industries Biomedical Engineering Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen New Industries Biomedical Engineering is a dividend paying company with a current yield of 1.57% that is well covered by earnings.
Key information
1.6%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.000 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300832 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300832 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen New Industries Biomedical Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300832) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (300832) (up to 3 years) | 2.7% |
Notable Dividend: 300832's dividend (1.57%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300832's dividend (1.57%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), 300832's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.9%), 300832's dividend payments are covered by cash flows.