Shenzhen Longsys Electronics Dividends and Buybacks
Dividend criteria checks 2/6
Shenzhen Longsys Electronics is a dividend paying company with a current yield of 0.6% that is well covered by earnings.
Key information
0.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | -51.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301308 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301308 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Longsys Electronics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301308) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Tech) | 1.5% |
| Analyst forecast (301308) (up to 3 years) | 0.5% |
Notable Dividend: 301308's dividend (0.6%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301308's dividend (0.6%) 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 (16.8%), 301308's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301308 is paying a dividend but the company has no free cash flows.