Jiangsu Zhongshe Group Dividend
Dividend criteria checks 3/6
Jiangsu Zhongshe Group is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
25%
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¥0.27 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002883 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002883 has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
Jiangsu Zhongshe Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2883) | 0.7% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Construction) | 3.3% |
Analyst forecast in 3 Years (2883) | n/a |
Notable Dividend: 002883's dividend (0.65%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 002883's dividend (0.65%) 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 (25%), 002883's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.3%), 002883's dividend payments are well covered by cash flows.