Shanghai Karon Eco-Valve Manufacturing Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Karon Eco-Valve Manufacturing is a dividend paying company with a current yield of 2.43%.
Key information
2.4%
Dividend yield
-0.9%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 107% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301151 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301151's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Shanghai Karon Eco-Valve Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301151) | 2.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301151) (up to 3 years) | n/a |
Notable Dividend: 301151's dividend (2.43%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301151's dividend (2.43%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (107.2%), 301151's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301151 is paying a dividend but the company has no free cash flows.