Yangtze Optical Fibre And Cable Limited Dividend
Dividend criteria checks 2/6
Yangtze Optical Fibre And Cable Limited is a dividend paying company with a current yield of 6.1% that is well covered by earnings.
Key information
6.1%
Dividend yield
35%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$1.47 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6869 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6869's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Yangtze Optical Fibre And Cable Limited Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (6869) | 6.1% |
Market Bottom 25% (HK) | 3.2% |
Market Top 25% (HK) | 7.8% |
Industry Average (Communications) | 3.9% |
Analyst forecast in 3 Years (6869) | 5.2% |
Notable Dividend: 6869's dividend (6.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.16%).
High Dividend: 6869's dividend (6.1%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.7%), 6869's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6869 is paying a dividend but the company has no free cash flows.