Goertek Dividends and Buybacks
Dividend criteria checks 4/6
Goertek is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.5%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | 8.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends
Dec 23
Solid Earnings May Not Tell The Whole Story For Goertek (SZSE:002241)
Oct 30Insufficient Growth At Goertek Inc. (SZSE:002241) Hampers Share Price
Oct 18Be Wary Of Goertek (SZSE:002241) And Its Returns On Capital
Sep 17Does Goertek (SZSE:002241) Have A Healthy Balance Sheet?
Sep 03What Does Goertek Inc.'s (SZSE:002241) Share Price Indicate?
Aug 15Investors Appear Satisfied With Goertek Inc.'s (SZSE:002241) Prospects As Shares Rocket 26%
Jul 15Goertek (SZSE:002241) Will Want To Turn Around Its Return Trends
Jun 11Getting In Cheap On Goertek Inc. (SZSE:002241) Might Be Difficult
May 27Goertek's (SZSE:002241) Dividend Will Be CN¥0.10
May 27Is It Time To Consider Buying Goertek Inc. (SZSE:002241)?
May 11Goertek's (SZSE:002241) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 03Goertek Inc. Just Missed EPS By 37%: Here's What Analysts Think Will Happen Next
Mar 31Calculating The Fair Value Of Goertek Inc. (SZSE:002241)
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002241's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002241's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Goertek Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002241) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002241) (up to 3 years) | 0.5% |
Notable Dividend: 002241's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002241's dividend (1.55%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.2%), 002241's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47%), 002241's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:37 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Goertek Inc. is covered by 50 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chia Yi Chen | BNP Paribas Securities (Asia) |
| Robert Cheng | BofA Global Research |
| Lin Su | CCB International Securities Limited |