Sichuan Zigong Conveying Machine Group Dividend
Dividend criteria checks 2/6
Sichuan Zigong Conveying Machine Group is a dividend paying company with a current yield of 1.04% that is well covered by earnings.
Key information
1.0%
Dividend yield
38%
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¥0.66 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Sichuan Zigong Conveying Machine Group (SZSE:001288)
Apr 25
Sichuan 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 (1288) | 1.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (1288) | n/a |
Notable Dividend: 001288's dividend (1.04%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 001288's dividend (1.04%) is low compared to the top 25% of dividend payers in the CN market (2.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.9%), 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.