Xuelong GroupLtd Dividend
Dividend criteria checks 2/6
Xuelong GroupLtd is a dividend paying company with a current yield of 2.35%.
Key information
2.3%
Dividend yield
100%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.34 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 603949 has been paying a dividend for less than 10 years.
Growing Dividend: 603949's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Xuelong GroupLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (603949) | 2.3% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.2% |
| Industry Average (Auto Components) | 1.7% |
| Analyst forecast in 3 Years (603949) | n/a |
Notable Dividend: 603949's dividend (2.35%) is higher than the bottom 25% of dividend payers in the CN market (0.63%).
High Dividend: 603949's dividend (2.35%) is in the top 25% of dividend payers in the CN market (2.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), 603949's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (338.7%), 603949's dividend payments are not well covered by cash flows.