Changjiang & Jinggong Steel Building (Group) Co., Ltd

SHSE:600496 Stock Report

Market Cap: CN¥6.0b

Changjiang & Jinggong Steel Building (Group) Dividends and Buybacks

Dividend criteria checks 4/6

Changjiang & Jinggong Steel Building (Group) is a dividend paying company with a current yield of 2.01% that is well covered by earnings.

Key information

2.0%

Dividend yield

0.02%

Buyback Yield

Total Shareholder Yield2.0%
Future Dividend Yield1.5%
Dividend Growth23.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCN¥0.060
Payout ratio24%

Recent dividend and buyback updates

Recent updates

Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 04
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Shareholders Have More To Worry About Than Only Soft Earnings

Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Will Want To Turn Around Its Return Trends

Oct 28
Changjiang & Jinggong Steel Building (Group) (SHSE:600496) Will Want To Turn Around Its Return Trends

Investors Aren't Buying Changjiang & Jinggong Steel Building (Group) Co., Ltd's (SHSE:600496) Earnings

Sep 26
Investors Aren't Buying Changjiang & Jinggong Steel Building (Group) Co., Ltd's (SHSE:600496) Earnings

Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Problems Go Beyond Weak Profit

Apr 25
Changjiang & Jinggong Steel Building (Group)'s (SHSE:600496) Problems Go Beyond Weak Profit

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 600496's dividend payments have been volatile in the past 10 years.

Growing Dividend: 600496's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Changjiang & Jinggong Steel Building (Group) Dividend Yield vs Market
How does 600496 dividend yield compare to the market?
SegmentDividend Yield
Company (600496)2.0%
Market Bottom 25% (CN)0.6%
Market Top 25% (CN)2.2%
Industry Average (Construction)3.1%
Analyst forecast (600496) (up to 3 years)1.5%

Notable Dividend: 600496's dividend (2.01%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).

High Dividend: 600496's dividend (2.01%) is low compared to the top 25% of dividend payers in the CN market (2.17%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.2%), 600496's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (12.9%), 600496's dividend payments are thoroughly covered by cash flows.


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