Shanghai Karon Eco-Valve Manufacturing Co., Ltd.

SZSE:301151 Stock Report

Market Cap: CN¥2.7b

Shanghai Karon Eco-Valve Manufacturing Dividend

Dividend criteria checks 2/6

Shanghai Karon Eco-Valve Manufacturing is a dividend paying company with a current yield of 2.45%.

Key information

2.4%

Dividend yield

-0.9%

Buyback Yield

Total Shareholder Yield1.6%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.400
Payout ratio107%

Recent dividend updates

Recent updates

We Think That There Are More Issues For Shanghai Karon Eco-Valve Manufacturing (SZSE:301151) Than Just Sluggish Earnings

Sep 05
We Think That There Are More Issues For Shanghai Karon Eco-Valve Manufacturing (SZSE:301151) Than Just Sluggish Earnings

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
How does 301151 dividend yield compare to the market?
SegmentDividend 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 (2.45%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).

High Dividend: 301151's dividend (2.45%) 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.


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