Xinjiang Communications Construction Group Dividend
Dividend criteria checks 2/6
Xinjiang Communications Construction Group is a dividend paying company with a current yield of 1.79% that is well covered by earnings.
Key information
1.8%
Dividend yield
32%
Payout ratio
Industry average yield | 3.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | CN¥0.160 |
Earnings per share | CN¥0.49 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Xinjiang Communications Construction Group (SZSE:002941) Is Increasing Its Dividend To CN¥0.16
Jul 12Recent updates
Xinjiang Communications Construction Group (SZSE:002941) Is Increasing Its Dividend To CN¥0.16
Jul 12Xinjiang Communications Construction Group Co., Ltd.'s (SZSE:002941) Business And Shares Still Trailing The Market
Jul 03Some Investors May Be Willing To Look Past Xinjiang Communications Construction Group's (SZSE:002941) Soft Earnings
Apr 17Xinjiang Communications Construction Group Co., Ltd.'s (SZSE:002941) Low P/E No Reason For Excitement
Mar 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 002941 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 002941's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Xinjiang Communications Construction Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (002941) | 1.8% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Construction) | 3.5% |
Analyst forecast in 3 Years (002941) | n/a |
Notable Dividend: 002941's dividend (1.79%) is higher than the bottom 25% of dividend payers in the CN market (0.72%).
High Dividend: 002941's dividend (1.79%) is low compared to the top 25% of dividend payers in the CN market (2.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.3%), 002941's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 002941 is paying a dividend but the company has no free cash flows.