Changzheng Engineering TechnologyLtd Dividends and Buybacks
Dividend criteria checks 3/6
Changzheng Engineering TechnologyLtd is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.105 |
| Payout ratio | 26% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603698's dividend payments have been volatile in the past 10 years.
Growing Dividend: 603698's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Changzheng Engineering TechnologyLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603698) | 0.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Energy Services) | 1.6% |
| Analyst forecast (603698) (up to 3 years) | n/a |
Notable Dividend: 603698's dividend (0.61%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603698's dividend (0.61%) is low compared to the top 25% of dividend payers in the CN market (2.15%).
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.