Shandong Liancheng Precision Manufacturing Dividends and Buybacks
Dividend criteria checks 2/6
Shandong Liancheng Precision Manufacturing is a dividend paying company with a current yield of 0.87%.
Key information
0.9%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | -43% |
Recent dividend and buyback updates
Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10
Jun 03
Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921)
Sep 30Shandong Liancheng Precision Manufacturing's (SZSE:002921) Dividend Will Be Reduced To CN¥0.10
Jun 03Shandong Liancheng Precision Manufacturing (SZSE:002921) May Have Issues Allocating Its Capital
Apr 04Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) Investors Are Less Pessimistic Than Expected
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002921 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002921 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
| Shandong Liancheng Precision Manufacturing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002921) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Metals and Mining) | 2.3% |
| Analyst forecast (002921) (up to 3 years) | n/a |
Notable Dividend: 002921's dividend (0.87%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 002921's dividend (0.87%) is low compared to the top 25% of dividend payers in the CN market (2.17%).
Earnings Payout to Shareholders
Earnings Coverage: 002921 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.7%), 002921's dividend payments are well covered by cash flows.