Tongxing Environmental Protection TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Tongxing Environmental Protection TechnologyLtd is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -30.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.060 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
What Tongxing Environmental Protection Technology Co.,Ltd's (SZSE:003027) 25% Share Price Gain Is Not Telling You
Nov 25
We Think That There Are More Issues For Tongxing Environmental Protection TechnologyLtd (SZSE:003027) Than Just Sluggish Earnings
Nov 07Tongxing Environmental Protection TechnologyLtd (SZSE:003027) Is Reducing Its Dividend To CN¥0.06
Jun 02Tongxing Environmental Protection Technology Co.,Ltd's (SZSE:003027) 28% Price Boost Is Out Of Tune With Earnings
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 003027 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 003027 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Tongxing Environmental Protection TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (003027) | 0.4% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Commercial Services) | 1.4% |
| Analyst forecast (003027) (up to 3 years) | n/a |
Notable Dividend: 003027's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 003027's dividend (0.38%) 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 (46.6%), 003027's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.3%), 003027's dividend payments are thoroughly covered by cash flows.