Shanghai Sheng Jian Environment Technology Dividends and Buybacks
Dividend criteria checks 2/6
Shanghai Sheng Jian Environment Technology is a dividend paying company with a current yield of 0.79% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.225 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603324 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603324 has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Shanghai Sheng Jian Environment Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603324) | 0.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.6% |
| Analyst forecast (603324) (up to 3 years) | n/a |
Notable Dividend: 603324's dividend (0.79%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603324's dividend (0.79%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), 603324's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603324 is paying a dividend but the company has no free cash flows.