China Meheco Group Dividends and Buybacks
Dividend criteria checks 4/6
China Meheco Group is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.210 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Recent updates
China Meheco Group's (SHSE:600056) Profits Appear To Have Quality Issues
Nov 04
Lacklustre Performance Is Driving China Meheco Group Co., Ltd.'s (SHSE:600056) Low P/E
Sep 18Is China Meheco Group (SHSE:600056) Using Too Much Debt?
Aug 01China Meheco Group (SHSE:600056) Will Pay A Larger Dividend Than Last Year At CN¥0.2102
Jun 23Insufficient Growth At China Meheco Group Co., Ltd. (SHSE:600056) Hampers Share Price
May 28China Meheco Group's (SHSE:600056) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06A Look At The Intrinsic Value Of China Meheco Group Co., Ltd. (SHSE:600056)
Apr 25Does China Meheco Group (SHSE:600056) Have A Healthy Balance Sheet?
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600056's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600056's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| China Meheco Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600056) | 1.7% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Healthcare) | 1.7% |
| Analyst forecast (600056) (up to 3 years) | n/a |
Notable Dividend: 600056's dividend (1.71%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600056's dividend (1.71%) is low compared to the top 25% of dividend payers in the CN market (2.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), 600056's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), 600056's dividend payments are covered by cash flows.