Jiangsu Tongli Risheng Machinery Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Tongli Risheng Machinery is a dividend paying company with a current yield of 0.74% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | 22.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 29% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 605286 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 605286's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Jiangsu Tongli Risheng Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605286) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (605286) (up to 3 years) | n/a |
Notable Dividend: 605286's dividend (0.74%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 605286's dividend (0.74%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29%), 605286's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.9%), 605286's dividend payments are thoroughly covered by cash flows.