CRRC Dividend
Dividend criteria checks 5/6
CRRC is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
45%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.42 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
CRRC (SHSE:601766) Has A Rock Solid Balance Sheet
Apr 19CRRC's (SHSE:601766) Solid Earnings May Rest On Weak Foundations
Apr 04An Intrinsic Calculation For CRRC Corporation Limited (SHSE:601766) Suggests It's 42% Undervalued
Mar 28Is Now The Time To Put CRRC (SHSE:601766) On Your Watchlist?
Mar 14Returns On Capital At CRRC (SHSE:601766) Have Stalled
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601766's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601766's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CRRC Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (601766) | 2.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (601766) | 3.9% |
Notable Dividend: 601766's dividend (2.86%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601766's dividend (2.86%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), 601766's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), 601766's dividend payments are well covered by cash flows.