Nanxing Machinery Dividend
Dividend criteria checks 4/6
Nanxing Machinery is a dividend paying company with a current yield of 4.23% that is well covered by earnings.
Key information
4.2%
Dividend yield
82%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.59 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002757 has been paying a dividend for less than 10 years.
Growing Dividend: 002757's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Nanxing Machinery Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2757) | 4.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (2757) | n/a |
Notable Dividend: 002757's dividend (4.23%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002757's dividend (4.23%) is in the top 25% of dividend payers in the CN market (2.35%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (81.8%), 002757's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.4%), 002757's dividend payments are covered by cash flows.