Zhuzhou Huarui Precision Cutting ToolsLtd Dividends and Buybacks
Dividend criteria checks 2/6
Zhuzhou Huarui Precision Cutting ToolsLtd is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 22.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.800 |
| Payout ratio | 38% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 688059 has been paying a dividend for less than 10 years.
Growing Dividend: 688059's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Zhuzhou Huarui Precision Cutting ToolsLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688059) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Machinery) | 1.7% |
| Analyst forecast (688059) (up to 3 years) | 3.9% |
Notable Dividend: 688059's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 688059's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.1%), 688059's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688059 is paying a dividend but the company has no free cash flows.