China XD Electric Dividend
Dividend criteria checks 3/6
China XD Electric is a dividend paying company with a current yield of 0.93% that is well covered by earnings.
Key information
0.9%
Dividend yield
38%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CN¥0.18 |
| Dividend yield forecast in 3Y | 2.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601179's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601179's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| China XD Electric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (601179) | 0.9% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast in 3 Years (601179) | 2.0% |
Notable Dividend: 601179's dividend (0.93%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 601179's dividend (0.93%) is low compared to the top 25% of dividend payers in the CN market (2.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.6%), 601179's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.6%), 601179's dividend payments are thoroughly covered by cash flows.