Shandong Swan CottonIndustrial Machinery StockLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Swan CottonIndustrial Machinery StockLtd is a dividend paying company with a current yield of 1.06% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.170 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
Why Shandong Swan CottonIndustrial Machinery StockLtd's (SHSE:603029) Soft Earnings Are Just The Beginning Of Its Problems
Nov 06
Sentiment Still Eluding Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. (SHSE:603029)
Oct 01The Strong Earnings Posted By Shandong Swan CottonIndustrial Machinery StockLtd (SHSE:603029) Are A Good Indication Of The Strength Of The Business
Apr 15Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603029 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603029's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Shandong Swan CottonIndustrial Machinery StockLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603029) | 1.1% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603029) (up to 3 years) | n/a |
Notable Dividend: 603029's dividend (1.06%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603029's dividend (1.06%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 603029's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603029 is paying a dividend but the company has no free cash flows.