Changzheng Engineering Technology Co.,Ltd

XSSC:603698 Stock Report

Market Cap: CN¥8.4b

Changzheng Engineering TechnologyLtd Dividends and Buybacks

Dividend criteria checks 2/6

Changzheng Engineering TechnologyLtd is a dividend paying company with a current yield of 0.67% that is well covered by earnings.

Key information

0.7%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield0.7%
Future Dividend Yieldn/a
Dividend Growth8.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.105
Payout ratio26%

Recent dividend and buyback updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 603698 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 603698's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Changzheng Engineering TechnologyLtd Dividend Yield vs Market
How does 603698 dividend yield compare to the market?
SegmentDividend Yield
Company (603698)0.7%
Market Bottom 25% (CN)0.5%
Market Top 25% (CN)2.1%
Industry Average (Energy Services)1.6%
Analyst forecast (603698) (up to 3 years)n/a

Notable Dividend: 603698's dividend (0.67%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).

High Dividend: 603698's dividend (0.67%) is low compared to the top 25% of dividend payers in the CN market (2.13%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.3%), 603698's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 603698 is paying a dividend but the company has no free cash flows.


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