Fujian South Highway Machinery Dividends and Buybacks
Dividend criteria checks 2/6
Fujian South Highway Machinery is a dividend paying company with a current yield of 1.62% that is well covered by earnings.
Key information
1.6%
Dividend yield
-24.8%
Buyback Yield
| Total Shareholder Yield | -23.2% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.340 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Fujian South Highway Machinery's (SHSE:603280) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 06
Why Investors Shouldn't Be Surprised By Fujian South Highway Machinery Co., Ltd.'s (SHSE:603280) Low P/E
Oct 01Concerns Surrounding Fujian South Highway Machinery's (SHSE:603280) Performance
May 01Fujian South Highway Machinery (SHSE:603280) Will Be Hoping To Turn Its Returns On Capital Around
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 603280's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 603280's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Fujian South Highway Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603280) | 1.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603280) (up to 3 years) | 2.4% |
Notable Dividend: 603280's dividend (1.62%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 603280's dividend (1.62%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.1%), 603280's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603280 is paying a dividend but the company has no free cash flows.