Yangtze Optical Fibre And Cable Limited Dividends and Buybacks
Dividend criteria checks 2/6
Yangtze Optical Fibre And Cable Limited is a dividend paying company with a current yield of 4.92% that is well covered by earnings.
Key information
4.9%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 15.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.560 |
| Payout ratio | 39% |
Recent dividend and buyback 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) | 4.9% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Communications) | 3.5% |
| Analyst forecast (6869) (up to 3 years) | 3.5% |
Notable Dividend: 6869's dividend (4.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 6869's dividend (4.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 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.