Harbin Electric Corporation Jiamusi Electric MachineLtd Dividends and Buybacks
Dividend criteria checks 3/6
Harbin Electric Jiamusi Electric MachineLtd is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
0.03%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 19.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.202 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000922's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000922's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Harbin Electric Corporation Jiamusi Electric MachineLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (000922) | 1.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Electrical) | 1.5% |
| Analyst forecast (000922) (up to 3 years) | 2.3% |
Notable Dividend: 000922's dividend (1.73%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 000922's dividend (1.73%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.4%), 000922's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 000922 is paying a dividend but the company has no free cash flows.