Novogene Dividends and Buybacks

Dividend criteria checks 2/6

Novogene is a dividend paying company with a current yield of 0.37% that is well covered by earnings.

Key information

0.4%

Dividend yield

-6.3%

Buyback Yield

Total Shareholder Yield-5.9%
Future Dividend Yield1.2%
Dividend Growth28.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.0475
Payout ratio10%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 688315 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 688315 has only been paying a dividend for 2 years, and since then payments have fallen.


Dividend Yield vs Market

Novogene Dividend Yield vs Market
How does 688315 dividend yield compare to the market?
SegmentDividend Yield
Company (688315)0.4%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Life Sciences)1.3%
Analyst forecast (688315) (up to 3 years)1.2%

Notable Dividend: 688315's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 688315's dividend (0.37%) is low compared to the top 25% of dividend payers in the CN market (2.15%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (10.2%), 688315's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (10.9%), 688315's dividend payments are thoroughly covered by cash flows.


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