Inner Mongolia First Machinery Group Co.,Ltd.

SHSE:600967 Stock Report

Market Cap: CN¥13.2b

Inner Mongolia First Machinery GroupLtd Dividend

Dividend criteria checks 4/6

Inner Mongolia First Machinery GroupLtd is a dividend paying company with a current yield of 3.22% that is well covered by earnings.

Key information

3.2%

Dividend yield

53%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCN¥0.47
Dividend yield forecast in 3Yn/a

Recent dividend updates

No updates

Recent updates

Inner Mongolia First Machinery Group Co.,Ltd.'s (SHSE:600967) Low P/E No Reason For Excitement

May 27
Inner Mongolia First Machinery Group Co.,Ltd.'s (SHSE:600967) Low P/E No Reason For Excitement

Inner Mongolia First Machinery GroupLtd (SHSE:600967) Has More To Do To Multiply In Value Going Forward

Feb 28
Inner Mongolia First Machinery GroupLtd (SHSE:600967) Has More To Do To Multiply In Value Going Forward

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600967's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600967's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Inner Mongolia First Machinery GroupLtd Dividend Yield vs Market
How does 600967 dividend yield compare to the market?
SegmentDividend Yield
Company (600967)3.2%
Market Bottom 25% (CN)0.7%
Market Top 25% (CN)2.4%
Industry Average (Machinery)1.9%
Analyst forecast in 3 Years (600967)n/a

Notable Dividend: 600967's dividend (3.22%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).

High Dividend: 600967's dividend (3.22%) is in the top 25% of dividend payers in the CN market (2.41%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.9%), 600967's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 600967 is paying a dividend but the company has no free cash flows.


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