Shenzhen Topband Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Topband is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002139's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002139's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Topband Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002139) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002139) (up to 3 years) | 1.0% |
Notable Dividend: 002139's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002139's dividend (0.5%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.9%), 002139's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.8%), 002139's dividend payments are thoroughly covered by cash flows.