Shenzhen Keanda Electronic Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Keanda Electronic Technology is a dividend paying company with a current yield of 2.93%.
Key information
2.9%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 138% |
Recent dividend and buyback updates
Recent updates
There Are Reasons To Feel Uneasy About Shenzhen Keanda Electronic Technology's (SZSE:002972) Returns On Capital
Oct 01
Shenzhen Keanda Electronic Technology Corp., Ltd.'s (SZSE:002972) Popularity With Investors Is Under Threat From Overpricing
Aug 02Shenzhen Keanda Electronic Technology's (SZSE:002972) Dividend Will Be Reduced To CN¥0.30
May 23Shenzhen Keanda Electronic Technology Corp., Ltd. (SZSE:002972) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
Mar 07Returns On Capital Signal Tricky Times Ahead For Shenzhen Keanda Electronic Technology (SZSE:002972)
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002972 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002972's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Shenzhen Keanda Electronic Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002972) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002972) (up to 3 years) | n/a |
Notable Dividend: 002972's dividend (2.93%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002972's dividend (2.93%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (138.5%), 002972's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.7%), 002972's dividend payments are not well covered by cash flows.