Shenzhen Lifotronic Technology Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Lifotronic Technology is a dividend paying company with a current yield of 1.76% that is well covered by earnings.
Key information
1.8%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 32.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.281 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688389 has been paying a dividend for less than 10 years.
Growing Dividend: 688389's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Shenzhen Lifotronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688389) | 1.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Medical Equipment) | 1.7% |
| Analyst forecast (688389) (up to 3 years) | 3.0% |
Notable Dividend: 688389's dividend (1.76%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688389's dividend (1.76%) 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 (31.6%), 688389's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.7%), 688389's dividend payments are well covered by cash flows.