Inner Mongolia North Hauler Dividend
Dividend criteria checks 3/6
Inner Mongolia North Hauler is a dividend paying company with a current yield of 1.58% that is well covered by earnings. Next payment date is on 26th July, 2024 with an ex-dividend date of 26th July, 2024.
Key information
1.6%
Dividend yield
25%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | 26 Jul 24 |
| Ex dividend date | 26 Jul 24 |
| Dividend per share | CN¥0.251 |
| Earnings per share | CN¥1.02 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Inner Mongolia North Hauler's (SHSE:600262) Dividend Will Be Increased To CN¥0.251
Jul 22
Additional Considerations Required While Assessing Inner Mongolia North Hauler's (SHSE:600262) Strong Earnings
Apr 22Improved Earnings Required Before Inner Mongolia North Hauler Joint Stock Co., Ltd. (SHSE:600262) Stock's 26% Jump Looks Justified
Mar 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600262's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600262's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Inner Mongolia North Hauler Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600262) | 1.6% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.6% |
| Industry Average (Machinery) | 2.0% |
| Analyst forecast in 3 Years (600262) | n/a |
Notable Dividend: 600262's dividend (1.58%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 600262's dividend (1.58%) is low compared to the top 25% of dividend payers in the CN market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.6%), 600262's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 600262 is paying a dividend but the company has no free cash flows.