Yes Optoelectronics (Group) Dividend
Dividend criteria checks 2/6
Yes Optoelectronics (Group) is a dividend paying company with a current yield of 1.64%.
Key information
1.6%
Dividend yield
118%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.34 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002952 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002952's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Yes Optoelectronics (Group) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2952) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Tech) | 1.8% |
Analyst forecast in 3 Years (2952) | n/a |
Notable Dividend: 002952's dividend (1.64%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002952's dividend (1.64%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.8%), 002952's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.1%), 002952's dividend payments are covered by cash flows.