Luoyang Xinqianglian Slewing Bearing Dividends and Buybacks
Dividend criteria checks 0/6
Luoyang Xinqianglian Slewing Bearing is a dividend paying company with a current yield of 0.42%.
Key information
0.4%
Dividend yield
-3.8%
Buyback Yield
| Total Shareholder Yield | -3.4% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 25.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.104 |
| Payout ratio | -4,477% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300850 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300850 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Luoyang Xinqianglian Slewing Bearing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300850) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300850) (up to 3 years) | 0.4% |
Notable Dividend: 300850's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 300850's dividend (0.42%) is low compared to the top 25% of dividend payers in the CN market (2.16%).
Earnings Payout to Shareholders
Earnings Coverage: 300850 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: 300850 is paying a dividend but the company has no free cash flows.