Shenzhen Textile (Holdings) Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Textile (Holdings) is a dividend paying company with a current yield of 0.58% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.0703 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 200045 has been paying a dividend for less than 10 years.
Growing Dividend: 200045's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Shenzhen Textile (Holdings) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (200045) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (200045) (up to 3 years) | n/a |
Notable Dividend: 200045's dividend (0.58%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 200045's dividend (0.58%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), 200045's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.7%), 200045's dividend payments are thoroughly covered by cash flows.