Shandong Longji MachineryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Shandong Longji MachineryLtd is a dividend paying company with a current yield of 1.46%.
Key information
1.5%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 130% |
Recent dividend and buyback updates
Recent updates
Shandong Longji MachineryLtd's (SZSE:002363) Anemic Earnings Might Be Worse Than You Think
Nov 05
A Look At The Fair Value Of Shandong Longji Machinery Co.,Ltd (SZSE:002363)
Oct 01Some Confidence Is Lacking In Shandong Longji Machinery Co.,Ltd's (SZSE:002363) P/E
Jun 07Shandong Longji MachineryLtd's (SZSE:002363) Soft Earnings Are Actually Better Than They Appear
May 05Returns On Capital Signal Difficult Times Ahead For Shandong Longji MachineryLtd (SZSE:002363)
Apr 01Shandong Longji Machinery Co.,Ltd's (SZSE:002363) Price Is Out Of Tune With Earnings
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002363's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002363's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Longji MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002363) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (002363) (up to 3 years) | n/a |
Notable Dividend: 002363's dividend (1.46%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002363's dividend (1.46%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (130.3%), 002363's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.3%), 002363's dividend payments are well covered by cash flows.