Shanghai Zhenhua Heavy Industries Dividend
Dividend criteria checks 3/6
Shanghai Zhenhua Heavy Industries is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
47%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.11 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Shanghai Zhenhua Heavy Industries Co., Ltd.'s (SHSE:600320) P/E Is On The Mark
May 01Additional Considerations Required While Assessing Shanghai Zhenhua Heavy Industries' (SHSE:600320) Strong Earnings
Apr 04These 4 Measures Indicate That Shanghai Zhenhua Heavy Industries (SHSE:600320) Is Using Debt Extensively
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600320 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600320 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Shanghai Zhenhua Heavy Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (600320) | 1.3% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (600320) | n/a |
Notable Dividend: 600320's dividend (1.33%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600320's dividend (1.33%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.6%), 600320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.8%), 600320's dividend payments are thoroughly covered by cash flows.