Shang Gong Group Dividend
Dividend criteria checks 1/6
Shang Gong Group is a dividend paying company with a current yield of 0.63% that is well covered by earnings.
Key information
0.6%
Dividend yield
67%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.050 |
| Earnings per share | CN¥0.076 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Some Investors May Be Worried About Shang Gong Group's (SHSE:600843) Returns On Capital
Sep 28
Shang Gong Group Co., Ltd. (SHSE:600843) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Jul 19These 4 Measures Indicate That Shang Gong Group (SHSE:600843) Is Using Debt Extensively
Jun 14There's Reason For Concern Over Shang Gong Group Co., Ltd.'s (SHSE:600843) Massive 36% Price Jump
May 20Shang Gong Group (SHSE:600843) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 29The Returns On Capital At Shang Gong Group (SHSE:600843) Don't Inspire Confidence
Mar 21Some Confidence Is Lacking In Shang Gong Group Co., Ltd. (SHSE:600843) As Shares Slide 25%
Feb 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600843 has been paying a dividend for less than 10 years.
Growing Dividend: 600843 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Shang Gong Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600843) | 0.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast (600843) (up to 3 years) | n/a |
Notable Dividend: 600843's dividend (0.63%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600843's dividend (0.63%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.6%), 600843's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (218.7%), 600843's dividend payments are not well covered by cash flows.