Shanghai Nenghui TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Nenghui TechnologyLtd is a dividend paying company with a current yield of 1.42% that is well covered by earnings.
Key information
1.4%
Dividend yield
10.9%
Buyback Yield
| Total Shareholder Yield | 12.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 49.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.300 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 301046 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 301046 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Nenghui TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301046) | 1.4% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Construction) | 3.1% |
| Analyst forecast (301046) (up to 3 years) | n/a |
Notable Dividend: 301046's dividend (1.42%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 301046's dividend (1.42%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.8%), 301046's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301046 is paying a dividend but the company has no free cash flows.