Essence Fastening Systems (Shanghai) Dividends and Buybacks
Dividend criteria checks 1/6
Essence Fastening Systems (Shanghai) is a dividend paying company with a current yield of 0.27% that is well covered by earnings.
Key information
0.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -52.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.0769 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Essence Fastening Systems (Shanghai) (SZSE:301005) Is Reinvesting At Lower Rates Of Return
Nov 18
Optimistic Investors Push Essence Fastening Systems (Shanghai) Co., Ltd. (SZSE:301005) Shares Up 40% But Growth Is Lacking
Oct 08Essence Fastening Systems (Shanghai)'s (SZSE:301005) Problems Go Beyond Weak Profit
Aug 29Essence Fastening Systems (Shanghai) (SZSE:301005) May Have Issues Allocating Its Capital
Jul 25Essence Fastening Systems (Shanghai) Co., Ltd.'s (SZSE:301005) Business Is Trailing The Industry But Its Shares Aren't
Jun 24Essence Fastening Systems (Shanghai) (SZSE:301005) May Have Issues Allocating Its Capital
Apr 17Essence Fastening Systems (Shanghai) Co., Ltd.'s (SZSE:301005) 29% Price Boost Is Out Of Tune With Revenues
Mar 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301005 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301005 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Essence Fastening Systems (Shanghai) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301005) | 0.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.5% |
| Analyst forecast (301005) (up to 3 years) | n/a |
Notable Dividend: 301005's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301005's dividend (0.27%) 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 (36.1%), 301005's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301005 is paying a dividend but the company has no free cash flows.