Shennan Circuit Dividends and Buybacks
Dividend criteria checks 2/6
Shennan Circuit is a dividend paying company with a current yield of 0.91% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 8.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.900 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002916 has been paying a dividend for less than 10 years.
Growing Dividend: 002916's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shennan Circuit Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002916) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002916) (up to 3 years) | 1.6% |
Notable Dividend: 002916's dividend (0.91%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002916's dividend (0.91%) 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 (23.3%), 002916's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (207.5%), 002916's dividend payments are not well covered by cash flows.