Tongyu Communication Dividends and Buybacks
Dividend criteria checks 1/6
Tongyu Communication is a dividend paying company with a current yield of 0.9%.
Key information
0.9%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.154 |
| Payout ratio | 101% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002792 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002792's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Tongyu Communication Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002792) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Communications) | 1.1% |
| Analyst forecast (002792) (up to 3 years) | n/a |
Notable Dividend: 002792's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002792's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.9%), 002792's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002792 is paying a dividend but the company has no free cash flows.