Avary Holding(Shenzhen)Co Dividends and Buybacks
Dividend criteria checks 3/6
Avary Holding(Shenzhen)Co is a dividend paying company with a current yield of 1.52% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 14.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002938 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002938 has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
| Avary Holding(Shenzhen)Co Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002938) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (002938) (up to 3 years) | 2.5% |
Notable Dividend: 002938's dividend (1.52%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 002938's dividend (1.52%) 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 (33.8%), 002938's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.3%), 002938's dividend payments are well covered by cash flows.