JirFine Intelligent Equipment Dividends and Buybacks
Dividend criteria checks 3/6
JirFine Intelligent Equipment is a dividend paying company with a current yield of 3.57% that is well covered by earnings.
Key information
3.6%
Dividend yield
-13.7%
Buyback Yield
| Total Shareholder Yield | -10.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥1.600 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 301603's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 301603's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| JirFine Intelligent Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (301603) | 3.6% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (301603) (up to 3 years) | n/a |
Notable Dividend: 301603's dividend (3.57%) is higher than the bottom 25% of dividend payers in the CN market (0.56%).
High Dividend: 301603's dividend (3.57%) is in the top 25% of dividend payers in the CN market (2.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.3%), 301603's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 301603 is paying a dividend but the company has no free cash flows.