Shanghai Lianming Machinery Dividend
Dividend criteria checks 4/6
Shanghai Lianming Machinery is a dividend paying company with a current yield of 3.69% that is well covered by earnings.
Key information
3.7%
Dividend yield
64%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.59 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603006 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603006's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shanghai Lianming Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603006) | 3.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.3% |
Analyst forecast in 3 Years (603006) | n/a |
Notable Dividend: 603006's dividend (3.69%) is higher than the bottom 25% of dividend payers in the CN market (0.6%).
High Dividend: 603006's dividend (3.69%) is in the top 25% of dividend payers in the CN market (2.27%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.4%), 603006's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.7%), 603006's dividend payments are covered by cash flows.