China Machinery Huanyu Certification and Inspection Co., LTD

XSEC:301508 Stock Report

Market Cap: CN¥8.4b

China Machinery Huanyu Certification and Inspection Dividends and Buybacks

Dividend criteria checks 2/6

China Machinery Huanyu Certification and Inspection is a dividend paying company with a current yield of 1.1% that is well covered by earnings.

Key information

1.1%

Dividend yield

-10.7%

Buyback Yield

Total Shareholder Yield-9.6%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.409
Payout ratio65%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 301508's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 301508's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

China Machinery Huanyu Certification and Inspection Dividend Yield vs Market
How does 301508 dividend yield compare to the market?
SegmentDividend Yield
Company (301508)1.1%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Professional Services)1.3%
Analyst forecast (301508) (up to 3 years)n/a

Notable Dividend: 301508's dividend (1.1%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 301508's dividend (1.1%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.8%), 301508's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 301508 is paying a dividend but the company has no free cash flows.


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