Eurocrane (China) Dividends and Buybacks
Dividend criteria checks 4/6
Eurocrane (China) is a dividend paying company with a current yield of 2.96% that is well covered by earnings.
Key information
3.0%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | 21.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.230 |
| Payout ratio | 56% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603966 has been paying a dividend for less than 10 years.
Growing Dividend: 603966's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Eurocrane (China) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603966) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603966) (up to 3 years) | n/a |
Notable Dividend: 603966's dividend (2.96%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603966's dividend (2.96%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56%), 603966's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.1%), 603966's dividend payments are well covered by cash flows.