ShenZhen YUTO Packaging Technology Dividends and Buybacks
Dividend criteria checks 4/6
ShenZhen YUTO Packaging Technology is a dividend paying company with a current yield of 3.8% that is well covered by earnings.
Key information
3.8%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 18.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.950 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002831 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002831's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| ShenZhen YUTO Packaging Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002831) | 3.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (002831) (up to 3 years) | 4.9% |
Notable Dividend: 002831's dividend (3.8%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002831's dividend (3.8%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.2%), 002831's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.6%), 002831's dividend payments are covered by cash flows.