Shanghai Lianming Machinery

SHSE:603006 Stock Report

Mkt Cap: CN¥2.1b

Shanghai Lianming Machinery Dividend

What is Shanghai Lianming Machinery current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.59%

Current Dividend Yield

Dividend Yield vs Market

Shanghai Lianming Machinery Dividend Yield vs Market
How does 603006 dividend yield compare to the market?
SegmentDividend Yield
Company (603006)4.6%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.2%
Industry Average (Auto Components)1.8%
Analyst forecast in 3 Years (603006)n/a

Notable Dividend: 603006's dividend (4.59%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 603006's dividend (4.59%) is in the top 25% of dividend payers in the CN market (2.16%)


Stability and Growth of Payments

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 8 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (87.9%), 603006's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (149.2%), 603006's dividend payments are not well covered by cash flows.


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