Shanghai Zhezhong GroupLtd Dividends and Buybacks
Dividend criteria checks 1/6
Shanghai Zhezhong GroupLtd is a dividend paying company with a current yield of 2.06%.
Key information
2.1%
Dividend yield
1.3%
Buyback Yield
Total Shareholder Yield | 3.4% |
Future Dividend Yield | n/a |
Dividend Growth | 18.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.200 |
Payout ratio | -187% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002346 has been paying a dividend for less than 10 years.
Growing Dividend: 002346's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Shanghai Zhezhong GroupLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (002346) | 2.1% |
Market Bottom 25% (CN) | 0.5% |
Market Top 25% (CN) | 2.1% |
Industry Average (Electrical) | 1.4% |
Analyst forecast (002346) (up to 3 years) | n/a |
Notable Dividend: 002346's dividend (2.06%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 002346's dividend (2.06%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: 002346 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.2%), 002346's dividend payments are not well covered by cash flows.