Xinjiang East Universe GasLtd Dividend
Dividend criteria checks 4/6
Xinjiang East Universe GasLtd is a dividend paying company with a current yield of 5.52% that is well covered by earnings.
Key information
5.5%
Dividend yield
79%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.900 |
| Earnings per share | CN¥1.13 |
| Dividend yield forecast | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603706 has been paying a dividend for less than 10 years.
Growing Dividend: 603706's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Xinjiang East Universe GasLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603706) | 5.5% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.3% |
| Industry Average (Gas Utilities) | 3.0% |
| Analyst forecast (603706) (up to 3 years) | n/a |
Notable Dividend: 603706's dividend (5.52%) is higher than the bottom 25% of dividend payers in the CN market (0.58%).
High Dividend: 603706's dividend (5.52%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.9%), 603706's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), 603706's dividend payments are well covered by cash flows.