Innovita Biological Technology Dividends and Buybacks
Dividend criteria checks 3/6
Innovita Biological Technology is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688253 has been paying a dividend for less than 10 years.
Growing Dividend: 688253's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Innovita Biological Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688253) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (688253) (up to 3 years) | n/a |
Notable Dividend: 688253's dividend (0.96%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688253's dividend (0.96%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.4%), 688253's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.4%), 688253's dividend payments are thoroughly covered by cash flows.