Innovita Biological Technology Dividend
Dividend criteria checks 3/6
Innovita Biological Technology is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
18%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Earnings per share | CN¥2.23 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability 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) | 0.9% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Medical Equipment) | 1.6% |
| Analyst forecast (688253) (up to 3 years) | n/a |
Notable Dividend: 688253's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 688253's dividend (0.91%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.9%), 688253's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.2%), 688253's dividend payments are thoroughly covered by cash flows.