Suzhou Hengmingda Electronic Technology Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou Hengmingda Electronic Technology is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
-9.1%
Buyback Yield
| Total Shareholder Yield | -7.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Many Still Looking Away From Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947)
Nov 21
With EPS Growth And More, Suzhou Hengmingda Electronic Technology (SZSE:002947) Makes An Interesting Case
Aug 08Investors Continue Waiting On Sidelines For Suzhou Hengmingda Electronic Technology Co., Ltd. (SZSE:002947)
Jun 26Suzhou Hengmingda Electronic Technology's (SZSE:002947) Promising Earnings May Rest On Soft Foundations
Apr 08Does Suzhou Hengmingda Electronic Technology (SZSE:002947) Deserve A Spot On Your Watchlist?
Mar 26Why Investors Shouldn't Be Surprised By Suzhou Hengmingda Electronic Technology Co., Ltd.'s (SZSE:002947) Low P/E
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002947 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002947's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Suzhou Hengmingda Electronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002947) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002947) (up to 3 years) | n/a |
Notable Dividend: 002947's dividend (1.56%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002947's dividend (1.56%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 002947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1038.7%), 002947's dividend payments are not well covered by cash flows.