CRRC Dividend
Dividend criteria checks 5/6
CRRC is a dividend paying company with a current yield of 2.65% that is well covered by earnings. Next payment date is on 14th August, 2024 with an ex-dividend date of 14th August, 2024.
Key information
2.6%
Dividend yield
45%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | 14 Aug 24 |
| Ex dividend date | 14 Aug 24 |
| Dividend per share | CN¥0.203 |
| Earnings per share | CN¥0.42 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
CRRC (SHSE:601766) Has Announced A Dividend Of CN¥0.20
Aug 10
CRRC (SHSE:601766) Could Easily Take On More Debt
Aug 01Investors Aren't Buying CRRC Corporation Limited's (SHSE:601766) Earnings
Jun 25Returns On Capital Signal Tricky Times Ahead For CRRC (SHSE:601766)
Jun 07CRRC (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 01Upcoming Dividend Payment
Stability 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) | 2.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 1.9% |
| Analyst forecast in 3 Years (601766) | 3.6% |
Notable Dividend: 601766's dividend (2.65%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 601766's dividend (2.65%) is in the top 25% of dividend payers in the CN market (2.61%)
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 (20.2%), 601766's dividend payments are well covered by cash flows.