Jiangsu Seagull Cooling TowerLtd Dividend
Dividend criteria checks 3/6
Jiangsu Seagull Cooling TowerLtd is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
39%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.61 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
No updates
Recent updates
We Think That There Are Issues Underlying Jiangsu Seagull Cooling TowerLtd's (SHSE:603269) Earnings
May 03Returns Are Gaining Momentum At Jiangsu Seagull Cooling TowerLtd (SHSE:603269)
Mar 28Jiangsu Seagull Cooling Tower Co.,Ltd.'s (SHSE:603269) Shares Leap 39% Yet They're Still Not Telling The Full Story
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603269 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603269's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Jiangsu Seagull Cooling TowerLtd Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603269) | 1.2% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.3% |
Analyst forecast in 3 Years (603269) | 4.4% |
Notable Dividend: 603269's dividend (1.21%) is higher than the bottom 25% of dividend payers in the CN market (0.64%).
High Dividend: 603269's dividend (1.21%) 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 (38.5%), 603269's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.5%), 603269's dividend payments are thoroughly covered by cash flows.