Canny Elevator Dividends and Buybacks
Dividend criteria checks 4/6
Canny Elevator is a dividend paying company with a current yield of 5.06%.
Key information
5.1%
Dividend yield
-1.3%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 5.3% |
| Dividend Growth | 6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.350 |
| Payout ratio | 94% |
Recent dividend and buyback updates
Recent updates
Canny Elevator Co., Ltd. (SZSE:002367) Analysts Just Trimmed Their Revenue Forecasts By 12%
Oct 16
Canny Elevator's (SZSE:002367) Upcoming Dividend Will Be Larger Than Last Year's
May 21We Think Canny Elevator's (SZSE:002367) Solid Earnings Are Understated
May 01Canny Elevator Co., Ltd. (SZSE:002367) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002367's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002367's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Canny Elevator Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002367) | 5.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002367) (up to 3 years) | 5.3% |
Notable Dividend: 002367's dividend (5.06%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002367's dividend (5.06%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.3%), 002367's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.5%), 002367's dividend payments are covered by cash flows.