Shenzhen Ridge Engineering Consulting Dividends and Buybacks
Dividend criteria checks 1/6
Shenzhen Ridge Engineering Consulting is a dividend paying company with a current yield of 1.2%.
Key information
1.2%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.220 |
| Payout ratio | 224% |
Recent dividend and buyback updates
Recent updates
Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) P/S Is Still On The Mark Following 49% Share Price Bounce
Oct 09
Shenzhen Ridge Engineering Consulting's (SZSE:300977) Soft Earnings Don't Show The Whole Picture
Sep 05Be Wary Of Shenzhen Ridge Engineering Consulting (SZSE:300977) And Its Returns On Capital
Aug 26Shenzhen Ridge Engineering Consulting Co., Ltd.'s (SZSE:300977) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Jul 29Shenzhen Ridge Engineering Consulting (SZSE:300977) Has Announced That It Will Be Increasing Its Dividend To CN¥0.22
May 28Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 32%
May 21Things Look Grim For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) After Today's Downgrade
Apr 30Earnings Tell The Story For Shenzhen Ridge Engineering Consulting Co., Ltd. (SZSE:300977) As Its Stock Soars 26%
Mar 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300977 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300977 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Shenzhen Ridge Engineering Consulting Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300977) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Construction) | 3.1% |
| Analyst forecast (300977) (up to 3 years) | n/a |
Notable Dividend: 300977's dividend (1.2%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300977's dividend (1.2%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (223.5%), 300977's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300977 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:03 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen Ridge Engineering Consulting Co., Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mingxin Sun | Citic Securities Co., Ltd. |
| Rongfu Bao | Tianfeng Securities Brokerage Co., Ltd |