CRRC Dividends and Buybacks
Dividend criteria checks 5/6
CRRC is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
0.009%
Buyback Yield
| Total Shareholder Yield | 2.4% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | 11.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601766's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601766's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CRRC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601766) | 2.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (601766) (up to 3 years) | 3.3% |
Notable Dividend: 601766's dividend (2.44%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).
High Dividend: 601766's dividend (2.44%) is in the top 25% of dividend payers in the CN market (2.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), 601766's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.3%), 601766's dividend payments are well covered by cash flows.