Sany Heavy IndustryLtd Dividend
Dividend criteria checks 2/6
Sany Heavy IndustryLtd is a dividend paying company with a current yield of 1% that is well covered by earnings.
Key information
1.0%
Dividend yield
29%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.56 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600031's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600031's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sany Heavy IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600031) | 1.0% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (600031) | 1.7% |
Notable Dividend: 600031's dividend (1%) is higher than the bottom 25% of dividend payers in the CN market (0.66%).
High Dividend: 600031's dividend (1%) is low compared to the top 25% of dividend payers in the CN market (2.42%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.7%), 600031's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (167.7%), 600031's dividend payments are not well covered by cash flows.