Shandong Zhangqiu Blower Dividend
Dividend criteria checks 2/6
Shandong Zhangqiu Blower is a dividend paying company with a current yield of 1.39% that is well covered by earnings. Next payment date is on 5th July, 2024 with an ex-dividend date of 5th July, 2024.
Key information
1.4%
Dividend yield
29%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | 05 Jul 24 |
Ex dividend date | 05 Jul 24 |
Dividend per share | n/a |
Earnings per share | CN¥0.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002598's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002598's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Shandong Zhangqiu Blower Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002598) | 1.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.5% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (002598) | n/a |
Notable Dividend: 002598's dividend (1.39%) is higher than the bottom 25% of dividend payers in the CN market (0.7%).
High Dividend: 002598's dividend (1.39%) is low compared to the top 25% of dividend payers in the CN market (2.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.2%), 002598's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002598 is paying a dividend but the company has no free cash flows.