Pourin Special Welding Technology Dividends and Buybacks
Dividend criteria checks 3/6
Pourin Special Welding Technology is a dividend paying company with a current yield of 2.19% that is well covered by earnings.
Key information
2.2%
Dividend yield
-3.9%
Buyback Yield
| Total Shareholder Yield | -1.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 75% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301468's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301468's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Pourin Special Welding Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301468) | 2.2% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (301468) (up to 3 years) | n/a |
Notable Dividend: 301468's dividend (2.19%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 301468's dividend (2.19%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.8%), 301468's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301468 is paying a dividend but the company has no free cash flows.