China Railway Group Dividend
Dividend criteria checks 4/6
China Railway Group is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
16%
Payout ratio
Industry average yield | 3.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.35 |
Dividend yield forecast in 3Y | 4.0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 601390's dividend payments have been volatile in the past 10 years.
Growing Dividend: 601390's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China Railway Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (601390) | 2.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.2% |
Analyst forecast in 3 Years (601390) | 4.0% |
Notable Dividend: 601390's dividend (2.77%) is higher than the bottom 25% of dividend payers in the CN market (0.68%).
High Dividend: 601390's dividend (2.77%) is in the top 25% of dividend payers in the CN market (2.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.1%), 601390's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 601390 is paying a dividend but the company has no free cash flows.