Shandong Liancheng Precision Manufacturing Dividend
Dividend criteria checks 2/6
Shandong Liancheng Precision Manufacturing is a dividend paying company with a current yield of 2.88%.
Key information
2.9%
Dividend yield
754%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.00036 |
Dividend yield forecast in 3Y | n/a |
Stability 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's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Shandong Liancheng Precision Manufacturing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (2921) | 2.9% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Metals and Mining) | 2.2% |
Analyst forecast in 3 Years (2921) | n/a |
Notable Dividend: 002921's dividend (2.88%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 002921's dividend (2.88%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (754.2%), 002921's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (134.3%), 002921's dividend payments are not well covered by cash flows.