Shandong Gold PhoenixLtd Dividend
Dividend criteria checks 4/6
Shandong Gold PhoenixLtd is a dividend paying company with a current yield of 3.83% that is well covered by earnings.
Key information
3.8%
Dividend yield
47%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.54 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603586 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603586's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Shandong Gold PhoenixLtd Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (603586) | 3.8% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Auto Components) | 1.6% |
Analyst forecast in 3 Years (603586) | n/a |
Notable Dividend: 603586's dividend (3.83%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603586's dividend (3.83%) is in the top 25% of dividend payers in the CN market (2.28%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.1%), 603586's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.1%), 603586's dividend payments are covered by cash flows.