Jiangsu Rainbow Heavy Industries Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Rainbow Heavy Industries is a dividend paying company with a current yield of 1.95%.
Key information
1.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 1.9% |
| Future Dividend Yield | 0% |
| Dividend Growth | 15.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 97% |
Recent dividend and buyback updates
Recent updates
Jiangsu Rainbow Heavy Industries' (SZSE:002483) Soft Earnings Don't Show The Whole Picture
Nov 06
Jiangsu Rainbow Heavy Industries (SZSE:002483) Has A Rock Solid Balance Sheet
Sep 30What You Can Learn From Jiangsu Rainbow Heavy Industries Co., Ltd.'s (SZSE:002483) P/E
Jun 09Jiangsu Rainbow Heavy Industries' (SZSE:002483) Earnings Seem To Be Promising
Apr 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002483's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002483's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jiangsu Rainbow Heavy Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002483) | 1.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002483) (up to 3 years) | 0% |
Notable Dividend: 002483's dividend (1.95%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002483's dividend (1.95%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97%), 002483's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002483 is paying a dividend but the company has no free cash flows.