Shanxi Huaxiang Group Dividends and Buybacks
Dividend criteria checks 4/6
Shanxi Huaxiang Group is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
-3.6%
Buyback Yield
| Total Shareholder Yield | -1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | 34.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.315 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603112 has been paying a dividend for less than 10 years.
Growing Dividend: 603112's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Shanxi Huaxiang Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603112) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603112) (up to 3 years) | n/a |
Notable Dividend: 603112's dividend (2.39%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603112's dividend (2.39%) is in the top 25% of dividend payers in the CN market (2.16%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 603112's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.8%), 603112's dividend payments are covered by cash flows.