Dayu Irrigation GroupLtd Dividends and Buybacks
Dividend criteria checks 4/6
Dayu Irrigation GroupLtd is a dividend paying company with a current yield of 0.71% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.030 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300021's dividend payments have been volatile in the past 10 years.
Growing Dividend: 300021's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dayu Irrigation GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300021) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300021) (up to 3 years) | n/a |
Notable Dividend: 300021's dividend (0.71%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300021's dividend (0.71%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.9%), 300021's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.5%), 300021's dividend payments are thoroughly covered by cash flows.