Changqing Machinery Dividends and Buybacks
Dividend criteria checks 2/6
Changqing Machinery is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
-12.0%
Buyback Yield
| Total Shareholder Yield | -10.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 27% |
Recent dividend and buyback updates
No updates
Recent updates
Changqing Machinery Company Limited's (SHSE:603768) Shares May Have Run Too Fast Too Soon
Nov 05
Capital Allocation Trends At Changqing Machinery (SHSE:603768) Aren't Ideal
Oct 15There Is A Reason Changqing Machinery Company Limited's (SHSE:603768) Price Is Undemanding
Jun 06Returns At Changqing Machinery (SHSE:603768) Are On The Way Up
Apr 23Why Investors Shouldn't Be Surprised By Changqing Machinery Company Limited's (SHSE:603768) Low P/E
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603768 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603768's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Changqing Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603768) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (603768) (up to 3 years) | n/a |
Notable Dividend: 603768's dividend (1.6%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603768's dividend (1.6%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.7%), 603768's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603768 is paying a dividend but the company has no free cash flows.