Sichuan Zigong Conveying Machine Group Dividends and Buybacks
Dividend criteria checks 2/6
Sichuan Zigong Conveying Machine Group is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.250 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Sichuan Zigong Conveying Machine Group (SZSE:001288) Strong Profits May Be Masking Some Underlying Issues
Nov 05
Sichuan Zigong Conveying Machine Group (SZSE:001288) May Have Issues Allocating Its Capital
Sep 28Solid Earnings May Not Tell The Whole Story For Sichuan Zigong Conveying Machine Group (SZSE:001288)
Apr 25Sichuan Zigong Conveying Machine Group Co., Ltd.'s (SZSE:001288) Shares Climb 29% But Its Business Is Yet to Catch Up
Apr 02There Are Reasons To Feel Uneasy About Sichuan Zigong Conveying Machine Group's (SZSE:001288) Returns On Capital
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 001288 has been paying a dividend for less than 10 years.
Growing Dividend: 001288's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Sichuan Zigong Conveying Machine Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001288) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (001288) (up to 3 years) | n/a |
Notable Dividend: 001288's dividend (0.82%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001288's dividend (0.82%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), 001288's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001288 is paying a dividend but the company has no free cash flows.