Shanghai Lianming Machinery Dividends and Buybacks
Dividend criteria checks 4/6
Shanghai Lianming Machinery is a dividend paying company with a current yield of 2.32%.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 24.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.280 |
| Payout ratio | 133% |
Recent dividend and buyback updates
Recent updates
Earnings Not Telling The Story For Shanghai Lianming Machinery Co., Ltd. (SHSE:603006) After Shares Rise 28%
Nov 12
Shanghai Lianming Machinery's (SHSE:603006) Dividend Is Being Reduced To CN¥0.28
May 30Shanghai Lianming Machinery Co., Ltd.'s (SHSE:603006) 37% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
May 03There May Be Some Bright Spots In Shanghai Lianming Machinery's (SHSE:603006) Earnings
May 02A Look At The Fair Value Of Shanghai Lianming Machinery Co., Ltd. (SHSE:603006)
Mar 29Shanghai Lianming Machinery Co., Ltd. (SHSE:603006) Surges 35% Yet Its Low P/E Is No Reason For Excitement
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603006's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603006's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shanghai Lianming Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603006) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603006) (up to 3 years) | n/a |
Notable Dividend: 603006's dividend (2.32%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603006's dividend (2.32%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (133.5%), 603006's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.5%), 603006's dividend payments are covered by cash flows.