Jiangsu Tongrun Equipment TechnologyLtd Dividends and Buybacks
Dividend criteria checks 2/6
Jiangsu Tongrun Equipment TechnologyLtd is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.6%
Dividend yield
-1.2%
Buyback Yield
| Total Shareholder Yield | -0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -10.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.070 |
| Payout ratio | 19% |
Recent dividend and buyback updates
Recent updates
Jiangsu Tongrun Equipment TechnologyLtd's (SZSE:002150) Earnings Are Of Questionable Quality
Nov 03
Is Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150) A Risky Investment?
Aug 23Weak Statutory Earnings May Not Tell The Whole Story For Jiangsu Tongrun Equipment TechnologyLtd (SZSE:002150)
May 01Some Confidence Is Lacking In Jiangsu Tongrun Equipment Technology Co.,Ltd (SZSE:002150) As Shares Slide 26%
Apr 16Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002150's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002150's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Jiangsu Tongrun Equipment TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002150) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Consumer Durables) | 3.6% |
| Analyst forecast (002150) (up to 3 years) | n/a |
Notable Dividend: 002150's dividend (0.55%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002150's dividend (0.55%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.5%), 002150's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002150 is paying a dividend but the company has no free cash flows.