Jinlongyu Group Dividend
Dividend criteria checks 2/6
Jinlongyu Group is a dividend paying company with a current yield of 1.44% that is well covered by earnings.
Key information
1.4%
Dividend yield
40%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.200 |
| Earnings per share | CN¥0.50 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Pinning Down Jinlongyu Group Co., Ltd.'s (SZSE:002882) P/E Is Difficult Right Now
Sep 04
Jinlongyu Group (SZSE:002882) Is Reinvesting At Lower Rates Of Return
Aug 08Capital Allocation Trends At Jinlongyu Group (SZSE:002882) Aren't Ideal
Mar 26Optimistic Investors Push Jinlongyu Group Co., Ltd. (SZSE:002882) Shares Up 42% But Growth Is Lacking
Mar 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002882 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002882's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Jinlongyu Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (002882) | 1.4% |
| Market Bottom 25% (CN) | 0.7% |
| Market Top 25% (CN) | 2.7% |
| Industry Average (Electrical) | 1.8% |
| Analyst forecast (002882) (up to 3 years) | n/a |
Notable Dividend: 002882's dividend (1.44%) is higher than the bottom 25% of dividend payers in the CN market (0.73%).
High Dividend: 002882's dividend (1.44%) is low compared to the top 25% of dividend payers in the CN market (2.68%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.4%), 002882's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 002882's cash payout ratio to determine if its dividend payments are covered by cash flows.