China National Gold Group Gold JewelleryLtd Dividends and Buybacks
Dividend criteria checks 4/6
China National Gold Group Gold JewelleryLtd is a dividend paying company with a current yield of 4.9% that is well covered by earnings.
Key information
4.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 38.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.450 |
| Payout ratio | 78% |
Recent dividend and buyback updates
No updates
Recent updates
China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
Nov 05
China National Gold Group Gold JewelleryLtd (SHSE:600916) Might Become A Compounding Machine
Sep 26Is China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 12Should You Think About Buying China National Gold Group Gold Jewellery Co.,Ltd. (SHSE:600916) Now?
Jun 17China National Gold Group Gold JewelleryLtd (SHSE:600916) Is Reinvesting To Multiply In Value
May 27China National Gold Group Gold JewelleryLtd's (SHSE:600916) Solid Earnings Have Been Accounted For Conservatively
May 06Investors Don't See Light At End Of China National Gold Group Gold Jewellery Co.,Ltd.'s (SHSE:600916) Tunnel
Mar 28Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 600916 has been paying a dividend for less than 10 years.
Growing Dividend: 600916's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| China National Gold Group Gold JewelleryLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600916) | 4.9% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.0% |
| Industry Average (Luxury) | 2.8% |
| Analyst forecast (600916) (up to 3 years) | 6.3% |
Notable Dividend: 600916's dividend (4.9%) is higher than the bottom 25% of dividend payers in the CN market (0.51%).
High Dividend: 600916's dividend (4.9%) is in the top 25% of dividend payers in the CN market (2%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.6%), 600916's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.5%), 600916's dividend payments are well covered by cash flows.