Lygend Resources & Technology Dividends and Buybacks
Dividend criteria checks 1/6
Lygend Resources & Technology is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
-15.5%
Buyback Yield
| Total Shareholder Yield | -12.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.220 |
| 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) | 2.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.1% |
| Industry Average (Metals and Mining) | 3.8% |
| Analyst forecast (2245) (up to 3 years) | n/a |
Notable Dividend: 2245's dividend (2.86%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.23%).
High Dividend: 2245's dividend (2.86%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.07%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lygend Resources & Technology Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Junfei Bai | Citic Securities Co., Ltd. |
| Chong Ao | Citic Securities Co., Ltd. |
| Yijie Wu | Haitong International Research Limited |