Shandong Jinjing Science & Technology StockLtd Dividends and Buybacks
Dividend criteria checks 3/6
Shandong Jinjing Science & Technology StockLtd is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.8%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.100 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600586 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 600586's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Shandong Jinjing Science & Technology StockLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600586) | 1.8% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Basic Materials) | 3.3% |
| Analyst forecast (600586) (up to 3 years) | 1.4% |
Notable Dividend: 600586's dividend (1.75%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600586's dividend (1.75%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.9%), 600586's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 600586's dividend payments are well covered by cash flows.