Eurocrane (China) Dividend
Dividend criteria checks 4/6
Eurocrane (China) is a dividend paying company with a current yield of 3.32% that is well covered by earnings.
Key information
3.3%
Dividend yield
51%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend 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) | 3.3% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.5% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast in 3 Years (603966) | n/a |
Notable Dividend: 603966's dividend (3.32%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 603966's dividend (3.32%) is in the top 25% of dividend payers in the CN market (2.55%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51%), 603966's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.2%), 603966's dividend payments are covered by cash flows.