Sinomach Precision Industry Group Dividend
Dividend criteria checks 3/6
Sinomach Precision Industry Group is a dividend paying company with a current yield of 1.85% that is well covered by earnings.
Key information
1.9%
Dividend yield
39%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.51 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Sinomach Precision Industry Group's (SZSE:002046) Solid Earnings May Rest On Weak Foundations
Apr 20There's Been No Shortage Of Growth Recently For Sinomach Precision Industry Group's (SZSE:002046) Returns On Capital
Mar 27Further Upside For Sinomach Precision Industry Group Co., Ltd. (SZSE:002046) Shares Could Introduce Price Risks After 30% Bounce
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002046's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002046's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sinomach Precision Industry Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2046) | 1.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.9% |
Analyst forecast in 3 Years (2046) | 1.9% |
Notable Dividend: 002046's dividend (1.85%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002046's dividend (1.85%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39%), 002046's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (165%), 002046's dividend payments are not well covered by cash flows.