Longyan Zhuoyue New Energy Dividends and Buybacks
Dividend criteria checks 1/6
Longyan Zhuoyue New Energy is a dividend paying company with a current yield of 1.03%.
Key information
1.0%
Dividend yield
-0.08%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.270 |
| Payout ratio | 180% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688196 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688196 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Longyan Zhuoyue New Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688196) | 1.0% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Oil and Gas) | 6.1% |
| Analyst forecast (688196) (up to 3 years) | 1.0% |
Notable Dividend: 688196's dividend (1.03%) is higher than the bottom 25% of dividend payers in the CN market (0.54%).
High Dividend: 688196's dividend (1.03%) is low compared to the top 25% of dividend payers in the CN market (2.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (179.9%), 688196's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688196 is paying a dividend but the company has no free cash flows.