Hubei Donper Electromechanical Group Dividends and Buybacks
Dividend criteria checks 3/6
Hubei Donper Electromechanical Group is a dividend paying company with a current yield of 3.91% that is well covered by earnings.
Key information
3.9%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 3.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 36.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 79% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601956 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601956's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Hubei Donper Electromechanical Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601956) | 3.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (601956) (up to 3 years) | n/a |
Notable Dividend: 601956's dividend (3.91%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 601956's dividend (3.91%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.3%), 601956's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (107.9%), 601956's dividend payments are not well covered by cash flows.