Lenovo Group (Red Ch Dividend yield

Lenovo Group (Red Ch is part of Technology Hardware and Equip. business, which is part of Technology industry. Lenovo Group (Red Ch is a company from China, and his stocks are publicly traded.

Lenovo Group (Red Ch stock dividend

Lenovo Group (Red Ch paid a total dividend of 4,609 million HKD last year, for a market value of 107,575 millions (Market Cap 66,697 millions). Lenovo Group (Red Ch dividend per share is 0.38 HKD, and his stock market price 8.87 HKD.

According to the chart below, where dividend yield is displayed, Lenovo Group (Red Ch has a dividend yield of 4.28%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Lenovo Group (Red Ch stocks dividend with other Technology Hardware and Equip. companies or other of the best China dividend stocks list.

Lenovo Group (Red Ch Dividend Payout

About the ability of Lenovo Group (Red Ch to maintain his current dividend of HKD 0.38 per share, an amount that accounts for 4.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lenovo Group (Red Ch payout on ernings is currently 24.05%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Lenovo Group (Red Chcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Lenovo Group (Red Ch is HKD 1.89 per share, which is higher than the dividend per share paid by the company of HKD 0.38, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Lenovo Group (Red Ch, compared againt world market average, China companies, Technology industry and Technology Hardware and Equip. sector companies.

Lenovo Group (Red Ch Dividend History

Below you will find a table with the historical evolution of Lenovo Group (Red Ch's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	4.28%	0.38	24.05%	12,128
2022	5.93%	0.38	20.77%	12,042
2021	3.57%	0.32	27.12%	12,042
2020	3.84%	0.28	34.57%	12,015
2019	5.37%	0.28	38.89%	12,015
2018	5.01%	0.27	142.11%	12,015
2017	6.01%	0.27	38.57%	11,109
2016	5.51%	0.27	112.50%	11,109
2015	3.23%	0.26	32.91%	11,109

*In millions

Then you can see the evolution of Lenovo Group (Red Ch dividend stock, and compare it with the average of China stocks and that of the Technology Hardware and Equip. stocks.

Lenovo Group (Red Ch Stock performance

Finally, last moth Lenovo Group (Red Ch showed a return of -0.80% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 36.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Technology Hardware and Equip. firms.