Rongcheer Industrial Technology (Suzhou) Dividends and Buybacks
Dividend criteria checks 2/6
Rongcheer Industrial Technology (Suzhou) is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 31% |
Recent dividend and buyback updates
No updates
Recent updates
Returns On Capital At Rongcheer Industrial Technology (Suzhou) (SZSE:301360) Paint A Concerning Picture
Aug 01
Rongcheer Industrial Technology (Suzhou)'s (SZSE:301360) Anemic Earnings Might Be Worse Than You Think
May 01Rongcheer Industrial Technology (Suzhou) Co., Ltd.'s (SZSE:301360) Share Price Is Still Matching Investor Opinion Despite 31% Slump
Apr 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301360's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301360's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Rongcheer Industrial Technology (Suzhou) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301360) | 0.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301360) (up to 3 years) | n/a |
Notable Dividend: 301360's dividend (0.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301360's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), 301360's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301360 is paying a dividend but the company has no free cash flows.