Bingshan Refrigeration & Heat Transfer Technologies Dividend
Dividend criteria checks 2/6
Bingshan Refrigeration & Heat Transfer Technologies is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
48%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.063 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000530's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000530's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Bingshan Refrigeration & Heat Transfer Technologies Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (530) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (530) | n/a |
Notable Dividend: 000530's dividend (0.72%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 000530's dividend (0.72%) is low compared to the top 25% of dividend payers in the CN market (2.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), 000530's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000530 is paying a dividend but the company has no free cash flows.