Shenyang Fortune Precision Equipment Dividends and Buybacks
Dividend criteria checks 2/6
Shenyang Fortune Precision Equipment is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -22.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.400 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Shenyang Fortune Precision Equipment (SHSE:688409)
Nov 06
The Return Trends At Shenyang Fortune Precision Equipment (SHSE:688409) Look Promising
Oct 23We Think Shenyang Fortune Precision Equipment (SHSE:688409) Can Stay On Top Of Its Debt
Sep 26Returns Are Gaining Momentum At Shenyang Fortune Precision Equipment (SHSE:688409)
Jul 25Shenyang Fortune Precision Equipment (SHSE:688409) Takes On Some Risk With Its Use Of Debt
Jun 02Weak Statutory Earnings May Not Tell The Whole Story For Shenyang Fortune Precision Equipment (SHSE:688409)
May 06Shenyang Fortune Precision Equipment (SHSE:688409) Is Doing The Right Things To Multiply Its Share Price
Apr 21Further Upside For Shenyang Fortune Precision Equipment Co., Ltd. (SHSE:688409) Shares Could Introduce Price Risks After 28% Bounce
Mar 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 688409's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688409's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Shenyang Fortune Precision Equipment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (688409) | 0.7% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Semiconductor) | 0.8% |
| Analyst forecast (688409) (up to 3 years) | 1.8% |
Notable Dividend: 688409's dividend (0.68%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 688409's dividend (0.68%) is low compared to the top 25% of dividend payers in the CN market (2.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.4%), 688409's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 688409 is paying a dividend but the company has no free cash flows.