Shanghai Zhenhua Heavy Industries Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Zhenhua Heavy Industries is a dividend paying company with a current yield of 1.25% that is well covered by earnings.
Key information
1.2%
Dividend yield
-3.0%
Buyback Yield
| Total Shareholder Yield | -1.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -19.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.00692 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 900947 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 900947 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Zhenhua Heavy Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (900947) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (900947) (up to 3 years) | n/a |
Notable Dividend: 900947's dividend (1.25%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 900947's dividend (1.25%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.5%), 900947's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), 900947's dividend payments are thoroughly covered by cash flows.