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 Yield | n/a |
Dividend Growth | n/a |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.409 |
Payout ratio | 65% |
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 |
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Segment | Dividend 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.