Shanghai Zhenhua Heavy Industries Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Zhenhua Heavy Industries is a dividend paying company with a current yield of 1.25% that is well covered by earnings.
Key information
1.2%
Dividend yield
-2.9%
Buyback Yield
| Total Shareholder Yield | -1.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -19.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Shanghai Zhenhua Heavy Industries' (SHSE:600320) Earnings Seem To Be Promising
Nov 06
Shanghai Zhenhua Heavy Industries (SHSE:600320) Takes On Some Risk With Its Use Of Debt
Oct 27Why We're Not Concerned About Shanghai Zhenhua Heavy Industries Co., Ltd.'s (SHSE:600320) Share Price
Sep 03Here's Why Shanghai Zhenhua Heavy Industries (SHSE:600320) Has A Meaningful Debt Burden
Jul 12Shanghai 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) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (600320) (up to 3 years) | n/a |
Notable Dividend: 600320's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600320's dividend (1.25%) 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 (40.5%), 600320's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), 600320's dividend payments are thoroughly covered by cash flows.