Shanghai Zhenhua Hea Dividend yield

Shanghai Zhenhua Hea is part of Industrial Engineering business, which is part of Industrials industry. Shanghai Zhenhua Hea is a company from China, and his stocks are publicly traded.

Shanghai Zhenhua Hea stock dividend

Shanghai Zhenhua Hea paid a total dividend of 19 million USD last year, for a market value of 428 millions (Market Cap 1,784 millions). Shanghai Zhenhua Hea dividend per share is 0.01 USD, and his stock market price 0.22 USD.

According to the chart below, where dividend yield is displayed, Shanghai Zhenhua Hea has a dividend yield of 3.38%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Shanghai Zhenhua Hea stocks dividend with other Industrial Engineering companies or other of the high China dividend stocks list.

Shanghai Zhenhua Hea Dividend Payout

About the ability of Shanghai Zhenhua Hea to maintain his current dividend of USD 0.01 per share, an amount that accounts for 3.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shanghai Zhenhua Hea payout on ernings is currently 100.00%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Shanghai Zhenhua Hea can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Shanghai Zhenhua Hea is USD 0.07 per share, which is higher than the dividend per share paid by the company of USD 0.01, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shanghai Zhenhua Hea, compared againt world market average, China companies, Industrials industry and Industrial Engineering sector companies.

Shanghai Zhenhua Hea Dividend History

Below you will find a table with the historical evolution of Shanghai Zhenhua Hea's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.38%	0.01	100.00%	1,946
2022	3.01%	0.01	100.00%	1,946
2021	0.00%	0.00	0.00%	1,946
2020	2.74%	0.01	50.00%	1,946
2019	2.20%	0.01	100.00%	1,946
2018	1.90%	0.01	100.00%	1,946
2017	2.57%	0.01	100.00%	1,622
2016	0.00%	0.00	0.00%	1,622
2015	0.00%	0.00	0.00%	1,622

*In millions

Then you can see the evolution of Shanghai Zhenhua Hea dividend stock, and compare it with the average of China stocks and that of the Industrial Engineering stocks.

Shanghai Zhenhua Hea Stock performance

Finally, last moth Shanghai Zhenhua Hea showed a return of -10.20% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -16.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Industrial Engineering firms.