Jiangxi First Hydraulic Dividends and Buybacks
Dividend criteria checks 3/6
Jiangxi First Hydraulic is a dividend paying company with a current yield of 0.9% that is well covered by earnings.
Key information
0.9%
Dividend yield
-2.7%
Buyback Yield
| Total Shareholder Yield | -1.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 50.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 37% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301446's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301446's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Jiangxi First Hydraulic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301446) | 0.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301446) (up to 3 years) | n/a |
Notable Dividend: 301446's dividend (0.9%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301446's dividend (0.9%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 301446's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), 301446's dividend payments are covered by cash flows.