Shenzhen TXD TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen TXD TechnologyLtd is a dividend paying company with a current yield of 0.47% that is well covered by earnings.
Key information
0.5%
Dividend yield
0.08%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.080 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002845 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002845's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shenzhen TXD TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002845) | 0.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.2% |
| Analyst forecast (002845) (up to 3 years) | n/a |
Notable Dividend: 002845's dividend (0.47%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002845's dividend (0.47%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), 002845's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.2%), 002845's dividend payments are thoroughly covered by cash flows.