JiangSu Changling HydraulicLtd Dividend
Dividend criteria checks 3/6
JiangSu Changling HydraulicLtd is a dividend paying company with a current yield of 1.55% that is well covered by earnings.
Key information
1.6%
Dividend yield
46%
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¥0.75 |
| Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 605389 has been paying a dividend for less than 10 years.
Growing Dividend: 605389's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| JiangSu Changling HydraulicLtd Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (605389) | 1.6% |
| Market Bottom 25% (CN) | 0.6% |
| Market Top 25% (CN) | 2.4% |
| Industry Average (Machinery) | 1.8% |
| Analyst forecast in 3 Years (605389) | n/a |
Notable Dividend: 605389's dividend (1.55%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 605389's dividend (1.55%) 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 (45.6%), 605389's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 605389's dividend payments are well covered by cash flows.