Ruida Futures Co.,Ltd.

SZSE:002961 Stock Report

Market Cap: CN¥6.6b

Ruida FuturesLtd Dividends and Buybacks

Dividend criteria checks 3/6

Ruida FuturesLtd is a dividend paying company with a current yield of 1.46% that is well covered by earnings.

Key information

1.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth10.1%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.220
Payout ratio29%

Recent dividend and buyback updates

Recent updates

Ruida Futures Co.,Ltd.'s (SZSE:002961) Shares Bounce 28% But Its Business Still Trails The Market

Sep 25
Ruida Futures Co.,Ltd.'s (SZSE:002961) Shares Bounce 28% But Its Business Still Trails The Market

Ruida Futures Co.,Ltd.'s (SZSE:002961) Low P/E No Reason For Excitement

Mar 16
Ruida Futures Co.,Ltd.'s (SZSE:002961) Low P/E No Reason For Excitement

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 002961 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 002961's dividend payments have increased, but the company has only paid a dividend for 5 years.


Dividend Yield vs Market

Ruida FuturesLtd Dividend Yield vs Market
How does 002961 dividend yield compare to the market?
SegmentDividend Yield
Company (002961)1.5%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Capital Markets)1.1%
Analyst forecast (002961) (up to 3 years)n/a

Notable Dividend: 002961's dividend (1.46%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 002961's dividend (1.46%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.9%), 002961's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (4.6%), 002961's dividend payments are thoroughly covered by cash flows.


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