Shanghai Chuangli Group Dividends and Buybacks
Dividend criteria checks 3/6
Shanghai Chuangli Group is a dividend paying company with a current yield of 2.98% that is well covered by earnings.
Key information
3.0%
Dividend yield
0.07%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.150 |
| Payout ratio | 33% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603012 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603012's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shanghai Chuangli Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603012) | 3.0% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (603012) (up to 3 years) | n/a |
Notable Dividend: 603012's dividend (2.98%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603012's dividend (2.98%) 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 (32.7%), 603012's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (314.3%), 603012's dividend payments are not well covered by cash flows.