Novogene Dividends and Buybacks
Dividend criteria checks 2/6
Novogene is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
-5.9%
Buyback Yield
| Total Shareholder Yield | -5.5% |
| Future Dividend Yield | 1.1% |
| Dividend Growth | 27.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0475 |
| Payout ratio | 10% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688315) | 0.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Life Sciences) | 1.1% |
| Analyst forecast (688315) (up to 3 years) | 1.1% |
Notable Dividend: 688315's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688315's dividend (0.34%) 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 (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.