Lygend Resources & Technology Dividends and Buybacks
Dividend criteria checks 1/6
Lygend Resources & Technology is a dividend paying company with a current yield of 2.78% that is well covered by earnings.
Key information
2.8%
Dividend yield
-15.4%
Buyback Yield
| Total Shareholder Yield | -12.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.216 |
| Payout ratio | 24% |
Recent dividend and buyback updates
Recent updates
Does Lygend Resources & Technology (HKG:2245) Have A Healthy Balance Sheet?
Oct 31
Returns On Capital Signal Tricky Times Ahead For Lygend Resources & Technology (HKG:2245)
Sep 17Some Shareholders Feeling Restless Over Lygend Resources & Technology Co., Ltd.'s (HKG:2245) P/E Ratio
Jul 15Lygend Resources & Technology's (HKG:2245) Problems Go Beyond Weak Profit
May 13Unpleasant Surprises Could Be In Store For Lygend Resources & Technology Co., Ltd.'s (HKG:2245) Shares
Apr 09Lygend Resources & Technology (HKG:2245) Might Be Having Difficulty Using Its Capital Effectively
Jan 11Weak Statutory Earnings May Not Tell The Whole Story For Lygend Resources & Technology (HKG:2245)
Sep 26Getting In Cheap On Lygend Resources & Technology Co., Ltd. (HKG:2245) Is Unlikely
Jul 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 2245's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 2245's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Lygend Resources & Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2245) | 2.8% |
| Market Bottom 25% (HK) | 3.3% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Metals and Mining) | 3.5% |
| Analyst forecast (2245) (up to 3 years) | n/a |
Notable Dividend: 2245's dividend (2.78%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.28%).
High Dividend: 2245's dividend (2.78%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.9%), 2245's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2245 is paying a dividend but the company has no free cash flows.