JiangSu Zhenjiang New Energy Equipment Dividend
Dividend criteria checks 2/6
JiangSu Zhenjiang New Energy Equipment is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
0.1%
Buyback Yield
Total Shareholder Yield | 1.2% |
Future Dividend Yield | 3.8% |
Dividend Growth | 3.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.300 |
Payout ratio | 25% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603507 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603507's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
JiangSu Zhenjiang New Energy Equipment Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603507) | 1.1% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.2% |
Industry Average (Machinery) | 1.7% |
Analyst forecast (603507) (up to 3 years) | 3.8% |
Notable Dividend: 603507's dividend (1.14%) is higher than the bottom 25% of dividend payers in the CN market (0.57%).
High Dividend: 603507's dividend (1.14%) is low compared to the top 25% of dividend payers in the CN market (2.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), 603507's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603507 is paying a dividend but the company has no free cash flows.