ShenZhen QiangRui Precision Technology Dividends and Buybacks
Dividend criteria checks 2/6
ShenZhen QiangRui Precision Technology is a dividend paying company with a current yield of 1.27% that is well covered by earnings.
Key information
1.3%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.700 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
ShenZhen QiangRui Precision Technology's (SZSE:301128) Earnings Are Weaker Than They Seem
Nov 06
The Returns On Capital At ShenZhen QiangRui Precision Technology (SZSE:301128) Don't Inspire Confidence
Oct 29Optimistic Investors Push ShenZhen QiangRui Precision Technology Co., Ltd. (SZSE:301128) Shares Up 46% But Growth Is Lacking
Oct 09Is Now The Time To Put ShenZhen QiangRui Precision Technology (SZSE:301128) On Your Watchlist?
Sep 29There's Reason For Concern Over ShenZhen QiangRui Precision Technology Co., Ltd.'s (SZSE:301128) Massive 34% Price Jump
Jul 26Capital Allocation Trends At ShenZhen QiangRui Precision Technology (SZSE:301128) Aren't Ideal
Jun 17ShenZhen QiangRui Precision Technology (SZSE:301128) Has Announced That It Will Be Increasing Its Dividend To CN¥0.70
May 22We Think ShenZhen QiangRui Precision Technology's (SZSE:301128) Solid Earnings Are Understated
Apr 26There's Reason For Concern Over ShenZhen QiangRui Precision Technology Co., Ltd.'s (SZSE:301128) Massive 58% Price Jump
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 301128 has been paying a dividend for less than 10 years.
Growing Dividend: 301128's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| ShenZhen QiangRui Precision Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301128) | 1.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301128) (up to 3 years) | n/a |
Notable Dividend: 301128's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301128's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.6%), 301128's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301128 is paying a dividend but the company has no free cash flows.