Zhengzhou Coal Mining Machinery Group Dividend
Dividend criteria checks 4/6
Zhengzhou Coal Mining Machinery Group is a dividend paying company with a current yield of 5.13% that is well covered by earnings.
Key information
5.1%
Dividend yield
45%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$1.83 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 564's dividend payments have been volatile in the past 10 years.
Growing Dividend: 564's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Zhengzhou Coal Mining Machinery Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (564) | 5.1% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.2% |
Industry Average (Machinery) | 3.1% |
Analyst forecast in 3 Years (564) | 5.1% |
Notable Dividend: 564's dividend (5.13%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.39%).
High Dividend: 564's dividend (5.13%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.24%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.2%), 564's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76%), 564's dividend payments are covered by cash flows.