Zhengzhou Coal Mining Machinery Group Dividends and Buybacks
Dividend criteria checks 4/6
Zhengzhou Coal Mining Machinery Group is a dividend paying company with a current yield of 6.32% that is well covered by earnings.
Key information
6.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 6.2% |
| Dividend Growth | 19.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | HK$0.909 |
| Payout ratio | 39% |
Recent dividend and buyback 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) | 6.3% |
| Market Bottom 25% (HK) | 3.2% |
| Market Top 25% (HK) | 8.0% |
| Industry Average (Machinery) | 3.9% |
| Analyst forecast (564) (up to 3 years) | 6.2% |
Notable Dividend: 564's dividend (6.32%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.22%).
High Dividend: 564's dividend (6.32%) is low compared to the top 25% of dividend payers in the Hong Kong market (8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.6%), 564's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.2%), 564's dividend payments are covered by cash flows.