Lingyi iTech (Guangdong) Dividend
Dividend criteria checks 3/6
Lingyi iTech (Guangdong) is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
44%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.32 |
Dividend yield forecast in 3Y | 2.6% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002600 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002600 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
Lingyi iTech (Guangdong) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2600) | 1.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Electronic) | 1.5% |
Analyst forecast in 3 Years (2600) | 2.6% |
Notable Dividend: 002600's dividend (1.13%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 002600's dividend (1.13%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), 002600's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), 002600's dividend payments are thoroughly covered by cash flows.