Sinoma International Engineering Co.,Ltd

SHSE:600970 Stock Report

Market Cap: CN¥27.6b

Sinoma International EngineeringLtd Dividend

Dividend criteria checks 5/6

Sinoma International EngineeringLtd is a dividend paying company with a current yield of 3.84% that is well covered by earnings.

Key information

3.8%

Dividend yield

35%

Payout ratio

Industry average yield3.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Earnings per shareCN¥1.13
Future Dividend Yield5.7%

Recent dividend updates

No updates

Recent updates

Sinoma International Engineering Co.,Ltd's (SHSE:600970) Earnings Are Not Doing Enough For Some Investors

Sep 16
Sinoma International Engineering Co.,Ltd's (SHSE:600970) Earnings Are Not Doing Enough For Some Investors

Investors Don't See Light At End Of Sinoma International Engineering Co.,Ltd's (SHSE:600970) Tunnel

Jun 11
Investors Don't See Light At End Of Sinoma International Engineering Co.,Ltd's (SHSE:600970) Tunnel

Is Sinoma International EngineeringLtd (SHSE:600970) A Risky Investment?

May 21
Is Sinoma International EngineeringLtd (SHSE:600970) A Risky Investment?

Does Sinoma International EngineeringLtd (SHSE:600970) Deserve A Spot On Your Watchlist?

Apr 16
Does Sinoma International EngineeringLtd (SHSE:600970) Deserve A Spot On Your Watchlist?

Results: Sinoma International Engineering Co.,Ltd Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 30
Results: Sinoma International Engineering Co.,Ltd Exceeded Expectations And The Consensus Has Updated Its Estimates

Benign Growth For Sinoma International Engineering Co.,Ltd (SHSE:600970) Underpins Its Share Price

Feb 28
Benign Growth For Sinoma International Engineering Co.,Ltd (SHSE:600970) Underpins Its Share Price

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600970's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600970's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Sinoma International EngineeringLtd Dividend Yield vs Market
How does 600970 dividend yield compare to the market?
SegmentDividend Yield
Company (600970)3.8%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Construction)3.1%
Analyst forecast (600970) (up to 3 years)5.7%

Notable Dividend: 600970's dividend (3.84%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600970's dividend (3.84%) is in the top 25% of dividend payers in the CN market (2.18%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (35.1%), 600970's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.8%), 600970's dividend payments are well covered by cash flows.


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