Sinomach General Machinery Science & TechnologyLtd Dividend
Dividend criteria checks 2/6
Sinomach General Machinery Science & TechnologyLtd is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
36%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.28 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600444 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600444 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Sinomach General Machinery Science & TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600444) | 0.8% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Building) | 3.0% |
| Analyst forecast in 3 Years (600444) | n/a |
Notable Dividend: 600444's dividend (0.82%) is higher than the bottom 25% of dividend payers in the CN market (0.69%).
High Dividend: 600444's dividend (0.82%) is low compared to the top 25% of dividend payers in the CN market (2.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), 600444's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (449.2%), 600444's dividend payments are not well covered by cash flows.