Yantai Jereh Oilfield Services Group Dividends and Buybacks
Dividend criteria checks 4/6
Yantai Jereh Oilfield Services Group is a dividend paying company with a current yield of 0.73% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.240 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Yantai Jereh Oilfield Services Group (SZSE:002353) Seems To Use Debt Quite Sensibly
Dec 12
Investors Met With Slowing Returns on Capital At Yantai Jereh Oilfield Services Group (SZSE:002353)
Nov 26The Market Doesn't Like What It Sees From Yantai Jereh Oilfield Services Group Co., Ltd.'s (SZSE:002353) Earnings Yet
Sep 16Yantai Jereh Oilfield Services Group (SZSE:002353) Is Experiencing Growth In Returns On Capital
Jul 30Yantai Jereh Oilfield Services Group's (SZSE:002353) Upcoming Dividend Will Be Larger Than Last Year's
Jun 14There Is A Reason Yantai Jereh Oilfield Services Group Co., Ltd.'s (SZSE:002353) Price Is Undemanding
Jun 11Does Yantai Jereh Oilfield Services Group (SZSE:002353) Have A Healthy Balance Sheet?
May 27Does Yantai Jereh Oilfield Services Group (SZSE:002353) Deserve A Spot On Your Watchlist?
Apr 25Solid Earnings May Not Tell The Whole Story For Yantai Jereh Oilfield Services Group (SZSE:002353)
Apr 09Yantai Jereh Oilfield Services Group Co., Ltd. Just Beat Revenue Estimates By 5.2%
Apr 05Yantai Jereh Oilfield Services Group Co., Ltd.'s (SZSE:002353) Shares Bounce 26% But Its Business Still Trails The Market
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002353's dividend payments have been volatile in the past 10 years.
Growing Dividend: 002353's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Yantai Jereh Oilfield Services Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002353) | 0.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Energy Services) | 1.7% |
| Analyst forecast (002353) (up to 3 years) | 2.2% |
Notable Dividend: 002353's dividend (0.73%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 002353's dividend (0.73%) is low compared to the top 25% of dividend payers in the CN market (2.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.9%), 002353's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.3%), 002353's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 12:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Yantai Jereh Oilfield Services Group Co., Ltd. is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shaohui Yang | BOCI Research Ltd. |
| Hongwei Huang | Chasing Securities |
| Jian Ding | China International Capital Corporation Limited |