Jiangsu JIXIN Wind Energy Technology Dividend
Dividend criteria checks 4/6
Jiangsu JIXIN Wind Energy Technology is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
73%
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¥0.14 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601218 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 601218's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Jiangsu JIXIN Wind Energy Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601218) | 3.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.3% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (601218) | n/a |
Notable Dividend: 601218's dividend (3.16%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 601218's dividend (3.16%) is in the top 25% of dividend payers in the CN market (2.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), 601218's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), 601218's dividend payments are well covered by cash flows.