Jiangsu Guomao Reducer Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Guomao Reducer is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.4% |
| Dividend Growth | 23.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Jiangsu Guomao Reducer (SHSE:603915) Will Want To Turn Around Its Return Trends
Nov 21
Some Investors May Be Willing To Look Past Jiangsu Guomao Reducer's (SHSE:603915) Soft Earnings
Nov 06Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Held Back By Insufficient Growth Even After Shares Climb 28%
Oct 01Is Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Potentially Undervalued?
Sep 24Jiangsu Guomao Reducer (SHSE:603915) Might Be Having Difficulty Using Its Capital Effectively
Aug 22Calculating The Fair Value Of Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915)
Aug 01Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Prospects Need A Boost To Lift Shares
Jun 07Should You Think About Buying Jiangsu Guomao Reducer Co., Ltd. (SHSE:603915) Now?
May 21The Returns On Capital At Jiangsu Guomao Reducer (SHSE:603915) Don't Inspire Confidence
Mar 26Jiangsu Guomao Reducer Co., Ltd.'s (SHSE:603915) Intrinsic Value Is Potentially 25% Above Its Share Price
Mar 06Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603915) | 2.1% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603915) (up to 3 years) | 2.4% |
Notable Dividend: 603915's dividend (2.09%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603915's dividend (2.09%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.1%), 603915's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), 603915's dividend payments are well covered by cash flows.