Shandong Tengda Fasten Tech Dividends and Buybacks
Dividend criteria checks 1/6
Shandong Tengda Fasten Tech is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
-16.4%
Buyback Yield
| Total Shareholder Yield | -16.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.104 |
| Payout ratio | 48% |
Recent dividend and buyback updates
Recent updates
Shandong Tengda Fasten Tech. Co., Ltd.'s (SZSE:001379) 29% Price Boost Is Out Of Tune With Revenues
Nov 19
Shandong Tengda Fasten Tech's (SZSE:001379) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 02We Think You Can Look Beyond Shandong Tengda Fasten Tech's (SZSE:001379) Lackluster Earnings
Apr 26Shandong Tengda Fasten Tech. Co. Ltd's (SZSE:001379) Business Is Yet to Catch Up With Its Share Price
Apr 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 001379's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 001379's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shandong Tengda Fasten Tech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (001379) | 0.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (001379) (up to 3 years) | n/a |
Notable Dividend: 001379's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 001379's dividend (0.43%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.2%), 001379's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 001379 is paying a dividend but the company has no free cash flows.