Jinlongyu Group Dividends and Buybacks
Dividend criteria checks 3/6
Jinlongyu Group is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 75% |
Recent dividend and buyback updates
Recent updates
Is Jinlongyu Group (SZSE:002882) Using Too Much Debt?
Oct 23
Pinning Down Jinlongyu Group Co., Ltd.'s (SZSE:002882) P/E Is Difficult Right Now
Sep 04Jinlongyu Group (SZSE:002882) Is Reinvesting At Lower Rates Of Return
Aug 08Capital Allocation Trends At Jinlongyu Group (SZSE:002882) Aren't Ideal
Mar 26Optimistic Investors Push Jinlongyu Group Co., Ltd. (SZSE:002882) Shares Up 42% But Growth Is Lacking
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002882 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002882's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Jinlongyu Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002882) | 1.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (002882) (up to 3 years) | n/a |
Notable Dividend: 002882's dividend (1.16%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002882's dividend (1.16%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.3%), 002882's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.2%), 002882's dividend payments are covered by cash flows.