Nanxing Machinery Dividends and Buybacks
Dividend criteria checks 2/6
Nanxing Machinery is a dividend paying company with a current yield of 2.92%.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 18.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 102% |
Recent dividend and buyback updates
Recent updates
Some Investors May Be Willing To Look Past Nanxing Machinery's (SZSE:002757) Soft Earnings
Nov 06
We Think Nanxing Machinery (SZSE:002757) Can Stay On Top Of Its Debt
Oct 16We Think You Can Look Beyond Nanxing Machinery's (SZSE:002757) Lackluster Earnings
May 03Nanxing Machinery Co., Ltd. (SZSE:002757) Shares Fly 25% But Investors Aren't Buying For Growth
Mar 04We Ran A Stock Scan For Earnings Growth And Nanxing Machinery (SZSE:002757) Passed With Ease
Feb 27Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002757 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002757's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Nanxing Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002757) | 2.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002757) (up to 3 years) | n/a |
Notable Dividend: 002757's dividend (2.92%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002757's dividend (2.92%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102%), 002757's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94%), 002757's dividend payments are not well covered by cash flows.