Hunan Yujing MachineryLtd Dividend
Dividend criteria checks 2/6
Hunan Yujing MachineryLtd is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
50%
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¥0.80 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Hunan Yujing MachineryLtd's (SZSE:002943) Profits May Not Reveal Underlying Issues
May 01Hunan Yujing MachineryLtd (SZSE:002943) Might Be Having Difficulty Using Its Capital Effectively
Apr 17Here's Why Hunan Yujing MachineryLtd (SZSE:002943) Can Manage Its Debt Responsibly
Mar 26After Leaping 33% Hunan Yujing Machinery Co.,Ltd (SZSE:002943) Shares Are Not Flying Under The Radar
Mar 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002943 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002943's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Hunan Yujing MachineryLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2943) | 1.6% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Machinery) | 1.8% |
Analyst forecast in 3 Years (2943) | n/a |
Notable Dividend: 002943's dividend (1.61%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002943's dividend (1.61%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), 002943's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002943 is paying a dividend but the company has no free cash flows.