Jiangsu Guomao Reducer Dividend
Dividend criteria checks 3/6
Jiangsu Guomao Reducer is a dividend paying company with a current yield of 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
33%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.57 |
Dividend yield forecast in 3Y | 2.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603915 has been paying a dividend for less than 10 years.
Growing Dividend: 603915's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Jiangsu Guomao Reducer Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603915) | 1.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603915) | 2.3% |
Notable Dividend: 603915's dividend (1.47%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 603915's dividend (1.47%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), 603915's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.3%), 603915's dividend payments are well covered by cash flows.