Changqing Machinery Dividend
Dividend criteria checks 2/6
Changqing Machinery is a dividend paying company with a current yield of 0.66% that is well covered by earnings.
Key information
0.7%
Dividend yield
17%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability 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 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Changqing Machinery Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603768) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Auto Components) | 1.4% |
Analyst forecast in 3 Years (603768) | n/a |
Notable Dividend: 603768's dividend (0.66%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603768's dividend (0.66%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 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.