Zhenhai Petrochemical Engineering Dividends and Buybacks
Dividend criteria checks 2/6
Zhenhai Petrochemical Engineering is a dividend paying company with a current yield of 1.67% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 9.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.130 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
Zhenhai Petrochemical Engineering CO., LTD's (SHSE:603637) Business And Shares Still Trailing The Market
Nov 21
Zhenhai Petrochemical Engineering (SHSE:603637) Is Experiencing Growth In Returns On Capital
Oct 01Shaky Earnings May Not Tell The Whole Story For Zhenhai Petrochemical Engineering (SHSE:603637)
Aug 31Zhenhai Petrochemical Engineering CO., LTD's (SHSE:603637) Price Is Right But Growth Is Lacking After Shares Rocket 27%
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603637 has been paying a dividend for less than 10 years.
Growing Dividend: 603637's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Zhenhai Petrochemical Engineering Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603637) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 3.1% |
| Analyst forecast (603637) (up to 3 years) | n/a |
Notable Dividend: 603637's dividend (1.67%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603637's dividend (1.67%) 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 (30.9%), 603637's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (159%), 603637's dividend payments are not well covered by cash flows.