Shenzhen Newway Photomask Making Dividends and Buybacks
Dividend criteria checks 3/6
Shenzhen Newway Photomask Making is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.01%
Buyback Yield
Total Shareholder Yield | 0.9% |
Future Dividend Yield | 1.8% |
Dividend Growth | n/a |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.235 |
Payout ratio | 28% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688401's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688401's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shenzhen Newway Photomask Making Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688401) | 0.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Electronic) | 1.3% |
Analyst forecast (688401) (up to 3 years) | 1.8% |
Notable Dividend: 688401's dividend (0.86%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688401's dividend (0.86%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), 688401's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.7%), 688401's dividend payments are well covered by cash flows.