Jiangsu Guomao Reducer Dividend
Dividend criteria checks 3/6
Jiangsu Guomao Reducer is a dividend paying company with a current yield of 2.33% that is well covered by earnings.
Key information
2.3%
Dividend yield
34%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Earnings per share | CN¥0.58 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
No updates
Recent updates
Calculating 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 |
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Segment | Dividend Yield |
---|---|
Company (603915) | 2.3% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (603915) | 3.4% |
Notable Dividend: 603915's dividend (2.33%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603915's dividend (2.33%) is low compared to the top 25% of dividend payers in the CN market (2.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.4%), 603915's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.2%), 603915's dividend payments are well covered by cash flows.