Shandong New Beiyang Information Technology Dividends and Buybacks
Dividend criteria checks 4/6
Shandong New Beiyang Information Technology is a dividend paying company with a current yield of 2.22%.
Key information
2.2%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 153% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002376's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002376's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong New Beiyang Information Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002376) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Tech) | 1.5% |
| Analyst forecast (002376) (up to 3 years) | n/a |
Notable Dividend: 002376's dividend (2.22%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002376's dividend (2.22%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (152.9%), 002376's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.1%), 002376's dividend payments are covered by cash flows.