Shandong Mining Machinery Group Dividends and Buybacks
Dividend criteria checks 3/6
Shandong Mining Machinery Group is a dividend paying company with a current yield of 0.85% that is well covered by earnings.
Key information
0.9%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.023 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
What Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) 26% Share Price Gain Is Not Telling You
Nov 11
Shandong Mining Machinery Group Co., Ltd.'s (SZSE:002526) Popularity With Investors Is Under Threat From Overpricing
Jun 11Impressive Earnings May Not Tell The Whole Story For Shandong Mining Machinery Group (SZSE:002526)
May 01Here's Why Shandong Mining Machinery Group (SZSE:002526) Can Manage Its Debt Responsibly
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002526's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002526's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Shandong Mining Machinery Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002526) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002526) (up to 3 years) | n/a |
Notable Dividend: 002526's dividend (0.85%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002526's dividend (0.85%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.5%), 002526's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002526 is paying a dividend but the company has no free cash flows.