Shanghai CarthaneLtd Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai CarthaneLtd is a dividend paying company with a current yield of 2.29% that is well covered by earnings.
Key information
2.3%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 1.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.357 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Shanghai Carthane Co.,Ltd. (SHSE:603037) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Nov 20
Returns On Capital At Shanghai CarthaneLtd (SHSE:603037) Paint A Concerning Picture
Jul 01Shanghai Carthane Co.,Ltd. (SHSE:603037) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
Apr 25Earnings Not Telling The Story For Shanghai Carthane Co.,Ltd. (SHSE:603037) After Shares Rise 42%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603037 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603037's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shanghai CarthaneLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603037) | 2.3% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603037) (up to 3 years) | n/a |
Notable Dividend: 603037's dividend (2.29%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603037's dividend (2.29%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67%), 603037's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.5%), 603037's dividend payments are not well covered by cash flows.