Shanghai Zhezhong GroupLtd Dividends and Buybacks
Dividend criteria checks 1/6
Shanghai Zhezhong GroupLtd is a dividend paying company with a current yield of 2%.
Key information
2.0%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 17.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | -187% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002346 has been paying a dividend for less than 10 years.
Growing Dividend: 002346's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shanghai Zhezhong GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002346) | 2.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002346) (up to 3 years) | n/a |
Notable Dividend: 002346's dividend (2%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002346's dividend (2%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: 002346 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.2%), 002346's dividend payments are not well covered by cash flows.