Shanghai Longcheer Technology Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Longcheer Technology is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
-6.6%
Buyback Yield
| Total Shareholder Yield | -5.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 42% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603341's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603341's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shanghai Longcheer Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603341) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Tech) | 1.5% |
| Analyst forecast (603341) (up to 3 years) | n/a |
Notable Dividend: 603341's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603341's dividend (1.04%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.8%), 603341's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.3%), 603341's dividend payments are well covered by cash flows.