Jiangsu Shentong Valve Dividends and Buybacks
Dividend criteria checks 4/6
Jiangsu Shentong Valve is a dividend paying company with a current yield of 1.19% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.0003%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | 16.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.160 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Jiangsu Shentong Valve Co., Ltd. (SZSE:002438) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Nov 10
Should You Be Adding Jiangsu Shentong Valve (SZSE:002438) To Your Watchlist Today?
Oct 28Jiangsu Shentong Valve Co., Ltd. (SZSE:002438) Shares Could Be 37% Below Their Intrinsic Value Estimate
Oct 14Jiangsu Shentong Valve (SZSE:002438) Seems To Use Debt Quite Sensibly
Jul 31Jiangsu Shentong Valve (SZSE:002438) Will Pay A Larger Dividend Than Last Year At CN¥0.16
Jun 11Earnings Miss: Jiangsu Shentong Valve Co., Ltd. Missed EPS By 7.1% And Analysts Are Revising Their Forecasts
Apr 27Jiangsu Shentong Valve Co., Ltd.'s (SZSE:002438) Shares Bounce 25% But Its Business Still Trails The Market
Mar 09Does Jiangsu Shentong Valve (SZSE:002438) Have A Healthy Balance Sheet?
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002438's dividends per share have been stable in the past 10 years.
Growing Dividend: 002438's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu Shentong Valve Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002438) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (002438) (up to 3 years) | 1.6% |
Notable Dividend: 002438's dividend (1.19%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002438's dividend (1.19%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.5%), 002438's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (298.2%), 002438's dividend payments are not well covered by cash flows.