Suzhou Cheersson Precision Industry Group Dividends and Buybacks
Dividend criteria checks 1/6
Suzhou Cheersson Precision Industry Group is a dividend paying company with a current yield of 0.61%.
Key information
0.6%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | -0.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -28.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | -141% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002976 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002976 has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Suzhou Cheersson Precision Industry Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002976) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (002976) (up to 3 years) | n/a |
Notable Dividend: 002976's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002976's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: 002976 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 002976 is paying a dividend but the company has no free cash flows.