Sanhe Tongfei Refrigeration Dividends and Buybacks
Dividend criteria checks 3/6
Sanhe Tongfei Refrigeration is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.500 |
| Payout ratio | 77% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 300990 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 300990's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Sanhe Tongfei Refrigeration Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (300990) | 1.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (300990) (up to 3 years) | 3.4% |
Notable Dividend: 300990's dividend (1.51%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 300990's dividend (1.51%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.7%), 300990's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), 300990's dividend payments are covered by cash flows.