Jiangsu Rutong Petro-Machinery Dividends and Buybacks
Dividend criteria checks 3/6
Jiangsu Rutong Petro-Machinery is a dividend paying company with a current yield of 1.2% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 13.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Payout ratio | 38% |
Recent dividend and buyback updates
No updates
Recent updates
Jiangsu Rutong Petro-Machinery Co., Ltd's (SHSE:603036) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Nov 17
Here's Why We Think Jiangsu Rutong Petro-Machinery (SHSE:603036) Might Deserve Your Attention Today
Oct 22Jiangsu Rutong Petro-Machinery's (SHSE:603036) Profits May Not Reveal Underlying Issues
May 03There's No Escaping Jiangsu Rutong Petro-Machinery Co., Ltd's (SHSE:603036) Muted Earnings Despite A 35% Share Price Rise
Mar 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603036 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603036's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Jiangsu Rutong Petro-Machinery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603036) | 1.2% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (603036) (up to 3 years) | n/a |
Notable Dividend: 603036's dividend (1.2%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 603036's dividend (1.2%) is low compared to the top 25% of dividend payers in the CN market (2.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 603036's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (79.7%), 603036's dividend payments are covered by cash flows.