Shenzhen Absen OptoelectronicLtd Dividends and Buybacks
Dividend criteria checks 4/6
Shenzhen Absen OptoelectronicLtd is a dividend paying company with a current yield of 2.52% that is well covered by earnings.
Key information
2.5%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 51% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300389's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300389's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shenzhen Absen OptoelectronicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300389) | 2.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electronic) | 1.3% |
| Analyst forecast (300389) (up to 3 years) | n/a |
Notable Dividend: 300389's dividend (2.52%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 300389's dividend (2.52%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.2%), 300389's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300389 is paying a dividend but the company has no free cash flows.