Xi'an NovaStar Tech Dividends and Buybacks
Dividend criteria checks 3/6
Xi'an NovaStar Tech is a dividend paying company with a current yield of 2.94% that is well covered by earnings.
Key information
2.9%
Dividend yield
-9.1%
Buyback Yield
| Total Shareholder Yield | -6.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥5.389 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301589's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301589's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Xi'an NovaStar Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301589) | 2.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (301589) (up to 3 years) | n/a |
Notable Dividend: 301589's dividend (2.94%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301589's dividend (2.94%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.2%), 301589's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301589 is paying a dividend but the company has no free cash flows.