Jingjin Equipment Dividend
Dividend criteria checks 3/6
Jingjin Equipment is a dividend paying company with a current yield of 6.12% that is well covered by earnings.
Key information
6.1%
Dividend yield
59%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥1.060 |
Earnings per share | CN¥1.80 |
Dividend yield forecast in 3Y | 8.4% |
Recent dividend updates
Recent updates
A Look At The Intrinsic Value Of Jingjin Equipment Inc. (SHSE:603279)
Jul 12Why We Like The Returns At Jingjin Equipment (SHSE:603279)
Jun 22Does Jingjin Equipment (SHSE:603279) Have A Healthy Balance Sheet?
May 21Jingjin Equipment Inc. Just Recorded A 5.3% EPS Beat: Here's What Analysts Are Forecasting Next
Apr 28Jingjin Equipment Inc.'s (SHSE:603279) Earnings Are Not Doing Enough For Some Investors
Apr 23Calculating The Fair Value Of Jingjin Equipment Inc. (SHSE:603279)
Apr 05Under The Bonnet, Jingjin Equipment's (SHSE:603279) Returns Look Impressive
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 603279 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603279's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Jingjin Equipment Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (603279) | 6.1% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Machinery) | 2.0% |
Analyst forecast in 3 Years (603279) | 8.4% |
Notable Dividend: 603279's dividend (6.12%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 603279's dividend (6.12%) is in the top 25% of dividend payers in the CN market (2.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.5%), 603279's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (269.8%), 603279's dividend payments are not well covered by cash flows.