Richinfo Technology Dividends and Buybacks
Dividend criteria checks 1/6
Richinfo Technology is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 10.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0853 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300634 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300634's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Richinfo Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300634) | 0.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.0% |
| Industry Average (IT) | 0.7% |
| Analyst forecast (300634) (up to 3 years) | 0.5% |
Notable Dividend: 300634's dividend (0.34%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.52%).
High Dividend: 300634's dividend (0.34%) is low compared to the top 25% of dividend payers in the CN market (2.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.9%), 300634's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300634 is paying a dividend but the company has no free cash flows.