Shandong Longji Machinery Co.,Ltd

SZSE:002363 Stock Report

Market Cap: CN¥3.0b

Shandong Longji MachineryLtd Dividend

Dividend criteria checks 3/6

Shandong Longji MachineryLtd is a dividend paying company with a current yield of 1.65%.

Key information

1.7%

Dividend yield

119%

Payout ratio

Industry average yield1.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.10
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Shandong Longji Machinery Co.,Ltd's (SZSE:002363) Price Is Out Of Tune With Earnings

Feb 27
Shandong Longji Machinery Co.,Ltd's (SZSE:002363) Price Is Out Of Tune With Earnings

Stability 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
How does 2363 dividend yield compare to the market?
SegmentDividend Yield
Company (2363)1.7%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.3%
Industry Average (Auto Components)1.3%
Analyst forecast in 3 Years (2363)n/a

Notable Dividend: 002363's dividend (1.65%) is higher than the bottom 25% of dividend payers in the CN market (0.61%).

High Dividend: 002363's dividend (1.65%) is low compared to the top 25% of dividend payers in the CN market (2.33%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (119.3%), 002363's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (56.5%), 002363's dividend payments are covered by cash flows.


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