Hunan Yujing MachineryLtd Dividend
Dividend criteria checks 2/6
Hunan Yujing MachineryLtd is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
67%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.308 |
| Earnings per share | CN¥0.46 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002943 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002943's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Hunan Yujing MachineryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002943) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast (002943) (up to 3 years) | n/a |
Notable Dividend: 002943's dividend (1.37%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002943's dividend (1.37%) is low compared to the top 25% of dividend payers in the CN market (2.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.9%), 002943's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002943 is paying a dividend but the company has no free cash flows.