CETC Digital TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
CETC Digital TechnologyLtd is a dividend paying company with a current yield of 1.9% that is well covered by earnings.
Key information
1.9%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 9.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 59% |
Recent dividend and buyback updates
No updates
Recent updates
CETC Digital Technology Co.,Ltd. (SHSE:600850) Stock Rockets 46% As Investors Are Less Pessimistic Than Expected
Oct 22
Is CETC Digital TechnologyLtd (SHSE:600850) Using Too Much Debt?
Oct 15CETC Digital Technology Co.,Ltd.'s (SHSE:600850) Prospects Need A Boost To Lift Shares
Jul 02CETC Digital TechnologyLtd (SHSE:600850) May Have Issues Allocating Its Capital
May 25CETC Digital TechnologyLtd's (SHSE:600850) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 08CETC Digital TechnologyLtd (SHSE:600850) Has A Rock Solid Balance Sheet
Mar 25Further Upside For CETC Digital Technology Co.,Ltd. (SHSE:600850) Shares Could Introduce Price Risks After 29% Bounce
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600850's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600850's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CETC Digital TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600850) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (IT) | 0.8% |
| Analyst forecast (600850) (up to 3 years) | 2.7% |
Notable Dividend: 600850's dividend (1.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 600850's dividend (1.9%) 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 (59.4%), 600850's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600850 is paying a dividend but the company has no free cash flows.