Shenzhen Genvict Technologies Dividends and Buybacks
Dividend criteria checks 1/6
Shenzhen Genvict Technologies is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 0% |
| Dividend Growth | -9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002869 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002869 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Genvict Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002869) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002869) (up to 3 years) | 0% |
Notable Dividend: 002869's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002869's dividend (0.36%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), 002869's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002869 is paying a dividend but the company has no free cash flows.