Techshine ElectronicsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Techshine ElectronicsLtd is a dividend paying company with a current yield of 1.45% that is well covered by earnings.
Key information
1.5%
Dividend yield
-26.7%
Buyback Yield
| Total Shareholder Yield | -25.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.286 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Investors Shouldn't Be Too Comfortable With Techshine ElectronicsLtd's (SZSE:301379) Earnings
Nov 05
The Returns On Capital At Techshine ElectronicsLtd (SZSE:301379) Don't Inspire Confidence
Sep 30Techshine ElectronicsLtd's (SZSE:301379) Dividend Will Be Reduced To CN¥0.40
Jun 16Earnings Troubles May Signal Larger Issues for Techshine ElectronicsLtd (SZSE:301379) Shareholders
May 06Techshine ElectronicsLtd (SZSE:301379) Might Be Having Difficulty Using Its Capital Effectively
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301379's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301379's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Techshine ElectronicsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301379) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (301379) (up to 3 years) | n/a |
Notable Dividend: 301379's dividend (1.45%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301379's dividend (1.45%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), 301379's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (116.5%), 301379's dividend payments are not well covered by cash flows.