State Power Rixin Technology Dividends and Buybacks
Dividend criteria checks 2/6
State Power Rixin Technology is a dividend paying company with a current yield of 1.18% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301162 has been paying a dividend for less than 10 years.
Growing Dividend: 301162's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| State Power Rixin Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301162) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Software) | 0.7% |
| Analyst forecast (301162) (up to 3 years) | 2.6% |
Notable Dividend: 301162's dividend (1.18%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301162's dividend (1.18%) 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 (52.4%), 301162's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301162 is paying a dividend but the company has no free cash flows.