Focus Lightings Tech Dividends and Buybacks
Dividend criteria checks 2/6
Focus Lightings Tech is a dividend paying company with a current yield of 1.38% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 40.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300708 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300708's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Focus Lightings Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300708) | 1.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Semiconductor) | 0.7% |
| Analyst forecast (300708) (up to 3 years) | n/a |
Notable Dividend: 300708's dividend (1.38%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300708's dividend (1.38%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.5%), 300708's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (200.4%), 300708's dividend payments are not well covered by cash flows.