Suzhou Longway Eletronic Machinery Dividends and Buybacks
Dividend criteria checks 2/6
Suzhou Longway Eletronic Machinery is a dividend paying company with a current yield of 1.17% that is well covered by earnings.
Key information
1.2%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -69.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Suzhou Longway Eletronic Machinery (SZSE:301202) Seems To Use Debt Quite Sensibly
Sep 30
Investors Could Be Concerned With Suzhou Longway Eletronic Machinery's (SZSE:301202) Returns On Capital
Jul 13Subdued Growth No Barrier To Suzhou Longway Eletronic Machinery Co., Ltd (SZSE:301202) With Shares Advancing 70%
Mar 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301202's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301202's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Suzhou Longway Eletronic Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301202) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Tech) | 1.5% |
| Analyst forecast (301202) (up to 3 years) | n/a |
Notable Dividend: 301202's dividend (1.17%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301202's dividend (1.17%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.9%), 301202's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (250.7%), 301202's dividend payments are not well covered by cash flows.