Riyue Heavy IndustryLtd Dividends and Buybacks
Dividend criteria checks 3/6
Riyue Heavy IndustryLtd is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | 14.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.280 |
| Payout ratio | 45% |
Recent dividend and buyback updates
No updates
Recent updates
Riyue Heavy IndustryLtd's (SHSE:603218) Profits May Be Overstating Its True Earnings Potential
Nov 06
Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Share Price Is Matching Sentiment Around Its Earnings
Sep 30Sentiment Still Eluding Riyue Heavy Industry Co.,Ltd (SHSE:603218)
Jun 24Riyue Heavy Industry Co.,Ltd's (SHSE:603218) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 08Riyue Heavy IndustryLtd's (SHSE:603218) Solid Earnings May Rest On Weak Foundations
May 06Riyue Heavy Industry Co., Ltd. (SHSE:603218) Soars 26% But It's A Story Of Risk Vs Reward
Mar 07The Returns On Capital At Riyue Heavy Industry (SHSE:603218) Don't Inspire Confidence
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603218's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Riyue Heavy IndustryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603218) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603218) (up to 3 years) | 4.1% |
Notable Dividend: 603218's dividend (2.36%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603218's dividend (2.36%) is in the top 25% of dividend payers in the CN market (2.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45%), 603218's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603218 is paying a dividend but the company has no free cash flows.