JiangSu Zhenjiang New Energy Equipment Dividends and Buybacks
Dividend criteria checks 2/6
JiangSu Zhenjiang New Energy Equipment is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
JiangSu Zhenjiang New Energy Equipment's (SHSE:603507) Performance Is Even Better Than Its Earnings Suggest
Nov 06
We Think JiangSu Zhenjiang New Energy Equipment (SHSE:603507) Is Taking Some Risk With Its Debt
Oct 01Market Might Still Lack Some Conviction On JiangSu Zhenjiang New Energy Equipment Co., Ltd. (SHSE:603507) Even After 27% Share Price Boost
May 13The Strong Earnings Posted By JiangSu Zhenjiang New Energy Equipment (SHSE:603507) Are A Good Indication Of The Strength Of The Business
May 01JiangSu Zhenjiang New Energy Equipment Co., Ltd.'s (SHSE:603507) Shares Bounce 26% But Its Business Still Trails The Market
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603507 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603507's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| JiangSu Zhenjiang New Energy Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603507) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603507) (up to 3 years) | 3.9% |
Notable Dividend: 603507's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603507's dividend (1.16%) 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 (25.1%), 603507's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603507 is paying a dividend but the company has no free cash flows.