JinGuan Electric Dividend
Dividend criteria checks 3/6
JinGuan Electric is a dividend paying company with a current yield of 4.01% that is well covered by earnings.
Key information
4.0%
Dividend yield
75%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.500 |
Earnings per share | CN¥0.68 |
Dividend yield forecast in 3Y | 14.8% |
Recent dividend updates
No updates
Recent updates
Even With A 29% Surge, Cautious Investors Are Not Rewarding JinGuan Electric Co., Ltd.'s (SHSE:688517) Performance Completely
May 21JinGuan Electric's (SHSE:688517) Returns On Capital Not Reflecting Well On The Business
Apr 16Further Upside For JinGuan Electric Co., Ltd. (SHSE:688517) Shares Could Introduce Price Risks After 27% Bounce
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 688517 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 688517's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
JinGuan Electric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (688517) | 4.0% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 2.0% |
Analyst forecast in 3 Years (688517) | 14.8% |
Notable Dividend: 688517's dividend (4.01%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 688517's dividend (4.01%) is in the top 25% of dividend payers in the CN market (2.64%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.4%), 688517's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (198.6%), 688517's dividend payments are not well covered by cash flows.