Changchun Zhiyuan New Energy Equipment Dividends and Buybacks
Dividend criteria checks 2/6
Changchun Zhiyuan New Energy Equipment is a dividend paying company with a current yield of 1.48% that is well covered by earnings.
Key information
1.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 89.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.286 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Solid Profits Have Weak Fundamentals
Nov 06
A Piece Of The Puzzle Missing From Changchun Zhiyuan New Energy Equipment Co., Ltd's (SZSE:300985) 48% Share Price Climb
Oct 09There Are Reasons To Feel Uneasy About Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Returns On Capital
Sep 28Changchun Zhiyuan New Energy Equipment Co., Ltd's (SZSE:300985) Shares Lagging The Industry But So Is The Business
Jun 07There May Be Underlying Issues With The Quality Of Changchun Zhiyuan New Energy Equipment's (SZSE:300985) Earnings
May 01Changchun Zhiyuan New Energy Equipment Co., Ltd (SZSE:300985) Investors Are Less Pessimistic Than Expected
Feb 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300985 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300985's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Changchun Zhiyuan New Energy Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300985) | 1.5% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300985) (up to 3 years) | n/a |
Notable Dividend: 300985's dividend (1.48%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 300985's dividend (1.48%) is low compared to the top 25% of dividend payers in the CN market (2.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.6%), 300985's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 300985 is paying a dividend but the company has no free cash flows.