China Leadshine Technology Dividends and Buybacks
Dividend criteria checks 2/6
China Leadshine Technology is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.1% |
| Future Dividend Yield | 0% |
| Dividend Growth | -36.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.120 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
China Leadshine Technology Co., Ltd. (SZSE:002979) Analysts Are Reducing Their Forecasts For This Year
Oct 30
Why Investors Shouldn't Be Surprised By China Leadshine Technology Co., Ltd.'s (SZSE:002979) 34% Share Price Surge
Oct 14Here's What's Concerning About China Leadshine Technology's (SZSE:002979) Returns On Capital
Aug 16What Does China Leadshine Technology Co., Ltd.'s (SZSE:002979) Share Price Indicate?
Jul 04Returns On Capital Signal Tricky Times Ahead For China Leadshine Technology (SZSE:002979)
Apr 09Should You Think About Buying China Leadshine Technology Co., Ltd. (SZSE:002979) Now?
Mar 18Investors Appear Satisfied With China Leadshine Technology Co., Ltd.'s (SZSE:002979) Prospects
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002979 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002979 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| China Leadshine Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002979) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002979) (up to 3 years) | 0% |
Notable Dividend: 002979's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002979's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.4%), 002979's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), 002979's dividend payments are well covered by cash flows.